impact on shareholders’ benefits. If the Company drawdowns loan from financial institution, debt to equity ratio will be increased to 0.67 time. This is to support financial liquidity of the Company
placement basis which shall be described in more detail later on. As a result, the Company shall be confident that it shall raise such necessacy capital as planned. (b) if there are any newly issued shares
combined line item, “interest income from loans purchased” in the audited financial statement for the year ended December 31,2019. As a result of the reclassification, “gain on loans purchased” is a
the company and shareholders as a whole due to the company’s need of financial support or for the purpose of debt restructuring or any other cases; (c) being issued under terms and conditions prescribed
1,848per ton in 2017. Management’s Discussion and Analysis (MD&A) for year 2017 2 As the result of EGM holding on 30 August 2017, the shareholders voted down the Debt Equity conversion. On 13 November 2017
cash margin by Baht 1,848per ton in 2017. Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 2 As the result of EGM holding on 30 August 2017, the shareholders voted down the Debt Equity
. Karnchang. 3.3 Basis for Determination of Transaction Value In order to support the consideration, the Company has engaged InfraAsia (Hong Kong) Ltd. (“InfraAsia”), as an independent engineer, with experience
91.52%, which is based on the Criteria of Total Value of Consideration, which is the highest result. Including of the Company does not have any assets acquired or disposed of during the 6 months prior to
Company expects to receive new fresh funds as CAPEX and Working Capital. With the support from the new Shareholder, we are positive to be more competitive in term of cost resulting the positive bottom line