understanding (the “MOU”) with Kendrick Global Limited (“KG”), a subsidiary of SSG Capital Partners III, L.P. (“SSG III”). Under the MOU, SSG III and its subsidiaries wish to engage in the debt restructuring of
the second portion of the Sale Shares, in addition to being subject to the Share Purchase Conditions, are also subject to that any of S-TREK’s audited financial statements for 12-month period ending on
price. In determining the discount, the Board of Directors has considered the market conditions at that time. The payment for and transfer of the second portion of the Sale Shares, in addition to being
, 2018: i.e. resolutions nos. 3-4 and nos. 10-12 of the referred Company’s notification remain in effect with the same opinion of the Board of Directors as follows: 1) To approve appointing the IV Global
products which the Company is a distributor and manufacturer and being a distributor of tools and other products under trademark “Goodyear”. The necessity of the increase capital is that the proceeds will be
percent, driven mainly by a favorable growth of the global economy which positively impacts on export sector, an acceleration of public investment along with the progress of key investment projects and
Price”) on a lump sum basis equal to the value appraised by the valuers, namely Global Asset Valuer Co., Ltd. and Agency for Real Estate Affairs Co., Ltd., as the valuers approved by the SEC Office. The
would not result in the transaction being the connected transaction pursuant to the notifications on connected transaction. Details of the disposition are as follows: a. Disposition of assets in Pace
contraction led to the decline in manufacturing production and private investment. Together with uncertainties in the trade relationship, weaker global economy, and the Thai Baht’s depreciation. On the domestic