The allegation is a consequence of various complaints lodged in relation to the increased debt of THB 26,000 million following EARTH’s submission of the financial statement for the first quarter
. Facilitating payments out of the fund: e.g., allowing the registrar to order dissolution of the fund including a withdrawal of one employer from a pooled fund, allowing the fund manager to make a payment to an
the Company’s director, and to nominate one person to be the Company’s executive; as such, SUTGH is considered as a connected person of the Company. The connected transaction has a total transaction
Stock Exchange of Thailand Reference: Letter No. OP. 435/ 2019 dated 12 December 2019 on the entering into the Conditional Share Purchase Agreement for the acquisition of a majority shareholding in PT
the acquisition and acceptance of the SUTGH’s entire business transfer instead of cash payment (Payment in Kind) with a total value of THB 460,000,000 (Allocation of Shares and Allocation of Convertible
(Payment in Kind) with a total value of THB 460,000,000 (Allocation of Shares and Allocation of Convertible Debenture collectively as “Securities Allocation Transaction”) (Entire Business Transfer
through the launch of a Mini-EDC service to accommodate all-in-one payment – the first of its kind in Thailand, especially with added functions to enable multiple uses. Moreover, KBank worked with Bangkok
increase of the registered capital of the Company by issuing 650,789,079 newly issued ordinary shares with a par value of Baht 1. 00 per share accounting for 18. 48 percent the Company’ s issued and paid- up
transfer instead of cash payment (Payment in Kind) with a total value of THB 460,000,000 (Allocation of Shares and Allocation of Convertible Debenture collectively as “Securities Allocation Transaction