IFA opined that (1) APU share value is not reasonable as it is higher that the IFA?s appraised value at the maximum varied of 219.56 million baht; (2) the first purchase payment for acquisition of APU
record the allowance for doubtful accounts on the advance payment to Mrs. Churairat E.Bonython, SCAN chairman of the board of directors and executive board, in which the auditors of both companies opined
Pattana Company Limited, a related person to GOLD and UV at 980 million baht, boards of directors, audit committees and financial advisors of GOLD and UV opined that the selling price was appropriate and
consideration. The Sub-Committee opined that the tender offer rules aim to protect securities holders in cases of change in control over the business by providing fair exit and fair treatment to shareholders who
against EARTH for an unreasonably high amount of indebtedness, in order that EARTH’s indebtedness would be greater than its assets, despite the fact that they opined or were in a position to know that
and related companies, namely Adamas World Ltd., Adamas Consumer Ltd., News Multimedia Ltd. and GG News Ltd. The independent financial advisor (IFA) opined that ADAM shareholders should not approve the
in the near future. On the contrary, the WIN?s Board of Directors and Audit Committee opined that the transactions are appropriate and beneficial to the company. In this regard, the SEC advised WIN
The SEC has opined that organizing a shareholders meeting to elect new directors in order for IFEC’s board of directors to have a quorum in compliance with the law would be a proper way for IFEC to
that it is a potential project with ability to generate profit and create value to the shareholders continually. The independent financial advisor (IFA), on the contrary, opined that CWT shareholders