Miss Sopacha Charoensuk During 2017-2018, Mr. Aran Apichari, the former Chairman and the Executive Chairman of Three Sixty Five Public Company Limited and the director of TSF Extra Company Limited
consider approving the entering into such transaction. 3.3. Rationale and background of the transaction Due to the policy decisions by the former management of the company last year 2014 in the auction of
result of expected credit losses instead of recognizing losses when they occur under the former accounting policies. When recognizing expected credit losses on the Company’s financial assets, it is no
payables, tax payable , other current liabilities, provision for decommissioning and provision for long-term benefit. Total liabilities were THB 146.80 million and THB 140.32 million in Quarter 1/2019 and YE
deposits from financial institutions which were due to be paid within one year, income tax payable, and short- term deposits Baht 5 million, Baht 1 million, and Baht 1 million consequently. Trust receipts of
increase in bank overdraft and short-term loan from financial institutions of THB 82 million, (2) an increase in current portion of long-term loan of THB 56 million, (3) an increase in income tax payable of
payable under the Loan Agreement caused the company financial cost slightly decreased. 2 In 2017, the company had tax benefit 3 Million Baht, management considered probable would be available which
deposits, financial institutions accounts payable, and trade accounts receivable. In addition, the auditor of SCT Vietnam Gas Co., Ltd., a PICNI’s subsidiary, was also encountered limitation on scope of
control system, inability to audit outstanding balance of petroleum gas stock inventory, gas tanks deposits, financial institutions accounts payable, and trade accounts receivable. In addition, the auditor