the Civil Court for payment of the highest civil penalty specified by law and return of the benefits received from the commission of the offenses. Due to the Civil Sanction Committee’s imposition
depend on the investigation under the authority of the Department of Special Investigation, the filing of action by the public prosecutor, as well as the discretion of the court of justice, respectively
proceeding, the SEC will bring an action against the alleged offender in the Civil Court. However, before filing a civil case, the alleged offender may agree to enter into a settlement agreement under the
criminal justice administration; whereby the court will judge the case accordingly.For three audit committee members who were reported of the suspicions by the auditors, they later explained to the SEC that
lawsuit in the Civil Court to seek the maximum applicable civil sanctions, which shall not be lower than that specified by the CSC. In all cases, the civil penalties and the compensations for the
1 Enclosure 2 Information Memorandum on the Disposal of Assets (Schedule 2) of Nation Multimedia Group Public Company Limited (the “Company”) Since Spring 26 Company Limited (formerly known as Bangkok Business Broadcasting Company Limited), a subsidiary in which the Company holds 149,900,002 ordinary shares with a par value of Baht 10 per share, equivalent to 99.9333 percent of total ordinary shares sold and a subsidiary (in which the Company holds ordinary shares equivalent to 99.99 percent), i...
on December 31, 2018). The Company extended the loan tenor from November 15, 2017 to May 15, 2019. Since GSTEL had filed the rehabilitation petition to the Central Bankruptcy Court on November 14, 2017
), property, plant and equipment by Baht 16.58 million, assets on long-term lease by Baht 9.87 million (because of write-off the asset impairment), the money placed at court by Baht 5.90 million because the
, the Company realized revenue from leasing apartment units of Park Court Project. Gross profit derived from this business was THB 44.27 million, an increase of THB 10.5 million or 31%. - Revenues from
legal action against the Company as it may deemed necessary and appropriated including to enforce the repayment according to the court order as the debtor under the court judgement. On 5 November 2017