Company Limited (a 100-percent subsidiary of IEC) through a contract with Energy System Engineering and Service Co., Ltd. (ESES), deemed under control of Mr. Bhusansa and Mr. Saran, for the construction of
to misappropriate 80.1 million Baht from Rayong Wire Industries, an Eastern Wire subsidiary, through a contract for advanced procurement of raw materials with Union Gas and Chemicals Co., Ltd. in 2004
are expecting good results from the fourth quarter of 2017 onwards. Sincerely Yours, Mr.Thakoon Boonparn Managing Director
, World Class Brand”. Meanwhile, there were no sales to Afghanistan and Yemen in 1Q/2018; however, the Group is expecting the trade partner in Afghanistan to resume business dealing in 2Q/2018. Apart from
of total amount is THB 1.776 million. When signing the contract. paid on April 28, 2017 No. 2 20 percent of total amount is THB 1.776 million. paid on August 29, 2017 No. 3 20 percent of total amount
IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering & Construction where Mr. Rattanathorn Shinkrajangkij and Ms. Yadapat Shinkrajangkij were directors. The
misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering & Construction where Mr. Rattanathorn Shinkrajangkij and Ms. Yadapat Shinkrajangkij were
other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering & Construction where Mr
inconsistent with the facts to deceive other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering &