Limited is in debt to the Company according to the purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the contract, therefore the
according to the purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the contract, therefore the Company filed a lawsuit on July 15
) Investment Properties are booked at cost and depreciated with the straight-line basis over the life of the assets. The estimated fair value as of December 31, 2018 is THB 219,161 mn, as stated in the
of the assets. The estimated fair value is THB 180,409 mn as of December 31, 2017 (stated in the disclosure notes to the audited 2017 financial statements no. 13 under “Investment Properties”). Table 3
consideration The disposal of all investments in WPS in the total amount of Baht 407.50 million and the payment of unpaid debts between the Company together with the group companies and WPS as stated above (for
, Klongtoey Subdistrict, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 filed the request to receive the debt repayment to the receiver as the 1st creditor. The debtor stated the refusal
depreciated with the straight-line basis over the life of the assets. The estimated fair value as of December 31, 2019 is THB 252,051 mn (THB 219,161 mn as of December 31, 2018), as stated in the disclosure
repayment to the receiver as the 1 st creditor. The debtor stated the refusal of the composition prior to bankruptcy and the meeting of the creditor unanimously resolved that the receiver is required to
mn as of December 31, 2018), as stated in the disclosure notes to the main financial statements no. 14 under “Investment Properties”. Table 3: Summary of Financial Position End of FY End of 2Q YTD 2019
fiscal year during the term of warrants; or (6) in case of any events that causes the warrantholders to lose their rights and interest other than those events stated in items (1) – (5) above, the Company