subsidiary, in the cumulative value of 180 million baht (73% of the total GSC’s asset) without the approval of shareholders. The interest rates of such loans were too low. The acts mentioned above did not
damage to GSC or others obtained benefit. In this regard, they jointly decided, approved, or ordered GSC to grant 7 loans to Asia Capital Group Public Company Limited ("ACAP"), a GSC’s subsidiary
operation and asset management of Eastern Wire Plc. (now Capital Engineering Network Plc. (CEN)), to misappropriate Baht 80.1 million from Rayong Wire Industries, an Eastern Wire subsidiary, through a
inconsistent with the facts to deceive other persons. He committed a fraud by misappropriating money of Nongree Power Plants Company Limited (a 100-percent subsidiary of IEC) through a contract with Energy
Power Plants Company Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of electricity-generating machinery at the exaggerated
Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of electricity-generating machinery at the exaggerated price of 58 million baht