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

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

cash flows of the Company by selling to Ocean Fitting Co., Ltd., a connected person of the Company. Ocean Fitting Co., Ltd. won the bidding at the price of THB 78,000,000 (Seventy-eight million baht

bidder on January 30, 2019, namely Ocean Fitting Co., Ltd., which is the Company’s connected person, whose bid amounted to Baht 78,000,000 (Seventy-eight million baht), which is lower than the book value

Narongdej reduced his shareholding below such trigger point, he then was exempted from the requirement to make a tender offer. SEC Act S.247 Settlement Committee Meeting No. 9/2017 Settlement

of the total voting rights of BTNC. Later SIRATARN reduces its shareholding below such trigger point, it then was exempted from the requirement to make a tender offer. SEC Act S.247 Settlement

the total voting rights of BTNC. Later Mrs. Sirina Pavarolarvidya reduces her shareholding below such trigger point, her then was exempted from the requirement to make a tender offer. SEC Act S.247

total voting rights of SANKO. Later TIP reduces its shareholding below such trigger point, it then was exempted from the requirement to make a tender offer SEC Act S.247 Settlement Committee Meeting No