, and proceeding with lawsuits etc. The collection, disposal and distribution of REIT assets will be considered complete when the money or assets have been distributed to the trust unitholders together
income. In addition, many GSTEL creditors are filing lawsuits against the company for debt repayment. IFA therefore views that it is unnecessary to extend the repayment period as the extension is
) Financial Projection of the Current Year (if any) : None (14) Pending Material Lawsuits or Claims : None (15) Interests and Connected Transactions : None (16) Responsibilities of the Company’s Board of
doubtful accounts (reversal) 21.12 11.06 10.06 90.96 Loss from lawsuits - 1.34 (1.34) (100.00) Total expenses (4) 75.39 76.33 (0.94) (1.23) Finance costs (5) 0.05 0.07 (0.02) (28.57) Profit Owners of the
of building confidence in the capital market. Implementing lawsuits quickly and actually against law violators will have the effect of suppressing and deterring wrongdoing in the future. Therefore, the
the amount of Baht 13.47 million or 11.61% when compared to the year 2016. This is due to the increase of the cost of litigation which are from the previous lawsuits, the Company has to engage a
increase of 699 million baht in provision of legal cases when compared to 2016. It came from the amount which was set aside for liabilities arising as a result of lawsuits against the Company by the
, Klongtoey District, Bangkok 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 Value under the Repayment Agreement as at December 31, 2017 227.44 The Company has taken the following legal actions. On October 17, 2016
legal actions. On October 17, 2016, the Legal Department sent out a letter of payment request to MAT, and then the representative of MAT contacted for negotiation but there was no any conclusion. On