In June 2017, the SEC required EARTH to arrange a special audit on the transactions of the advanced payments for goods and the payment for the right to purchase goods. The EARTH's plan preparer later submitted the special audit report in November 2017, which indicated that EARTH had used the advanced payments, the payment for the right to purchase goods and other assets in exchange for the mining property rights over the two mines in Indonesia, at the total amount of USD731 million.After conside...

usable, consequently necessitating sales below cost. However, the auditor was unable to verify this claim and found no supporting evidence to confirm the stated facts.   After considering in conjunction

Reference is made to the fact that the SEC had instructed EARTH to clarify the information relating to the existence and the fair value of the mining rights of the two coal mines in Indonesia and

Earlier, the SEC instructed EARTH to clarify the information regarding the existence and the fair value of the mining property rights over the two mines located in Indonesia and publicly disclose the

below the market price to be consistent with the aforesaid principles, which specify that “a share offering at a price lower than the market price” means a share offering at a price lower than any of the

Building Confidence in the Capital Market No. 37/2018 SEC extends deadline for EARTH to clarify the existence and the fair value of mining property rights Bangkok, 12 April 2018 – The SEC has granted

electronically by us under 1.2 can be referred to as evidence in legal proceedings and we shall not deny the existence of such information only because it is in an electronic form. 2 . We acknowledge and agree

mining property rights over two mines in Indonesia. The deadline was due on 31 December 2018.Earlier, the SEC ordered EARTH to clarify two issues, as follows: (1) the existence and the legal rights over