optimal level yet due to some unfavorable factors, e.g., timing or market opportunities. Therefore, the Company had to bear higher costs at the beginning, causing lower profitability than it should have
the selling price). After the disposal of all investments in NML, NML will cease to be a subsidiary of the Company. Nevertheless, it was uncertain if the Company and the Purchaser would be able to sign
, to the Stock Exchange of Thailand (the “SET”), as follows: 1. It was approved to purchase and accept the entire business transfer by a subsidiary which to be newly established by the Company ( the
the vote of the shareholders having a conflict of interest. As the Company will pay for acquired assets with share of WCIH, it is considered as two transactions; the acquisition and disposition of
more than 20%. It shall not be lower than the Book Value and the company shall inform the investors no less than 7 days before AGM. The record date shall be May 12, 2020. 4.2 Issuance of warrant at the
(“Entire Business Transfer Agreement”), including other relevant transaction documents. Initially, it is anticipated that the Entire Business Transfer and Securities Allocation Transaction should be
the debt restructuring of the Company and began conducting legal, accounting, and financial due diligence exercises, the results of which the SSG Group found to be satisfactory. Believing that it can
. Operations of Support Groups 56 5.1 Human Resource Management 56 5.2 IT Management 59 6. KASIKORNBANK’s Investments in Subsidiaries and Associated Companies 61 7. Shareholder Risk Management 62 1 1. Overview
) Loan payment, which At-Ze borrowed from the Company to pay the director back money it owes to the director as Seller’s connected person in the amount of THB 125 million at the share sale and purchase