issued shares to the private placement investor will strengthen the long-term financial structure and the debt to equity ratio of the Company by increasing more financial flexibility for future project and

percent subject to the Company’s net tangible assets (NTA), greater than THB 20,000,000 and greater than 3 percent of the Company’s net tangible assets pursuant to consolidated financial statement for the

Company’s financial status especially the debt to equity ratio and the Company’s liquidity. 3) Relationship Between SUTGH and the Company, the Company’s Executive, Controlling Person, or Major Shareholder

the debt to equity ratio. – The letters of guarantee issued by local banks and foreign financial institutions in favour of the Tender Offeror’s Group, which the Tender Offeror has given to certain