advisor (IFA) has advised against the shareholders? approval of such transaction because the offer price of 370 million baht is significantly higher than the fair price of 274 million baht by 96 million

. Instead, other shareholders bought the said unsubscribed portion at the price lower than book value. Despite the audit committee?s inspection on the matters, the auditor issued a disclaimer of opinion

the EGM No. 1/2013 on October 22, 2013 for approval of selling 99.99 percent of its assets to Wyncoast Property Fund (the Fund) at the price of 806 million baht, subscribing the Fund?s investment units

fee, and management fee for the benefits of the shareholders and company.GSTEEL IFA, I. V. Global Securities Plc., is of the view that: 1. The fair value of GSTEEL shares is at B0.62 per share based on

the collateral under the aforesaid settlement agreements, providing that such reverse value is lower than the appraised price of the collateral because it was made on a conservative basis, based on the

, combined with crude oil price declining during the quarter leading to retail price at service stations remain optimal relative to the finished product cost. Power Plant Business, increased in total

Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing the lowest price from 2 independent appraisal companies from machineries

% ] Cost of Sales 2,424.7 2,457.1 2,628.9 Gross margin, % 18.98% 21.09% 27.84% SG & A 415.5 403.1 471.4 Operating Profit * 213.3 248.2 -14.1% 527.1 -59.5% Net Profit-Consol. F/S 159.0 268.6 -40.8% 558.0

, leading to the company optimally determined retail price correspondingly to product cost. However, during this quarter, Inventory Loss was recorded at THB 591 million [including losses on inventories

Company’s new products Machine Condition : Ready to use with a life span of 2 - 30 years and expect to work 10 – 15 years Price as Agreement : Total 6,200,250 THB Payment : Paid by Cash when delivery The