THB 1,700 million of which will mature in June 2020 and the remaining THB 1,090 million will mature in June 2021. The proceeds will be used to repay long-term debt from financial institution of THB
segments in a more effective approach. 7. Source of Funds The Company will utilize the proceeds from its capital increase from the exercise of the warrant issued by the Company (NPPG-W3) for investment in
subsidiaries, THB 86 million related company loan repayment, and THB 339 million purchase of assets, netted against THB 492 million deposit for building lease and THB 219 million proceeds from the sale of
, mainly due to the assumption of outstanding debt from EBT of UE netted against the proceeds from the capital increase in the first quarter. Net interest-bearing debt to equity ratio stood at 0.53 times, a
the business has low liquidity, this disposing of land and buildings could accelerate debt repayment to the debenture creditor. 8. Plans for utilizing the proceeds from the asset disposal This disposal
the proceeds from the asset disposal This disposal of subsidiary’s Land and Buildings to the creditor (the purchaser), the subsidiary will subrogate the right from the existing debenture creditor, as
the investment by 2 investors, Subsidiary company will be strength and ready in all aspects in order to run the business as planned. 9. Plans for utilizing the proceeds from the asset disposal The money
Extraordinary General Meeting of Shareholders No. 1/2020 from loans occurred in May, June, August and September 2019, including additional loan during the Company proceeds with the disposition of assets. The
liquidity, this disposing of land and buildings could accelerate debt repayment to the debenture creditor. 9. Plans for utilizing the proceeds from the asset disposal This transfer of subsidiary’s Machines to
. Plan to use proceeds from disposing of assets. Used as working capital of the company. 7. Reasonable and necessary in the transaction On March 19, 2017, at the Board of Directors Meeting No. 4/2017, the