as the “Transaction”). The loan of USD 40 million is secured by the personal guarantee of the owner of Sakthi Group, Dr. Manickam Mahalingam, and CEO of Sakthi Automotive Group USA, Inc., Mr. Lalit
rate of the extend period amount of 1.85 million baht. **** The interest calculated by the approved loan and the period of loan. 4.1.2) Guarantee Fee Guarantee Fee 1 % per annum of Collateral’s value
-8890 1.2) Guarantee Fee (Letter of Guarantee) Guarantee Fee 1 % per annum of Collateral’s value = (1% 50,000,000) = 500,0000 baht Size of Transaction = 0.50 million baht/ 5,146.41 million baht = 0.01%of
square meters, which can be categorized in four types of building: Warehouse, Stand-alone factory, Mini factory and Built-to-Suit. Appraised Value The appraisal price of assets under sub-leasehold right in
the share transfer agreement (Share purchase transaction). Guarantee obligations and other obligations : -None - Reasons for the share disposal : TL’s business has accumulated losses; therefore, the
in the amount of 40.95% when compared to the year 2018. Most of expenses are fees from issuing letter of guarantee. In year 2019, the Company still has been unable to obtain the financial support from
2019 there is a mortgage of land to guarantee the project - Administrative expenses for the first quarter of 2020 reduced by 30.10% due to the customs department expenses in the first quarter of 2019 is
investment in the past 6 months. Source of Fund for Investment - Loan from bank in the amount of 75 million baht - Standby Letter of Credit of 2.112 million US dollars for one year to guarantee the last
financial institutions, the auditors determined the audit scope for collateral management system by selecting 5 transactions having the highest value. These samples alone could not meet the testing objective
‘human resources’ element, compared in three inspection cycle. - The planning and allocation of the human resources may not be able to guarantee the quality of performance. - The audit firms lack the