through transparency and fairness Content Message from the Chairman Message from the Secretary-General SEC Board Capital Market Supervisory Board Executives Organizational Structure SEC Governance
liabilities under rehabilitation plan 659 535 19% Current portion of long-term loan from related party 314 138 56% Current portion of bonds 506 510 (1%) As at 31 December บริษัท จี สตีล จ ำกัด (มหำชน) G Steel
with a firm commitment to efficiency, transparency and fairness. We have reached our operational goals and witnessed continual market development including stronger ethical conduct in all important areas
the Thai capital market to ensure reliability, transparency and fairness for all parties. In fulfilling this mission, the Board emphasizes corporate governance practices within the SEC, incorporating
Directors Relating to the Entering into the Related Parties Transaction Currently, IFEC is under the rehabilitation process of the Central Bankruptcy Court, Black Case No. For. 14/2561, Red Case No. For 25
to May 15, 2019. Since GSTEL had filed the rehabilitation petition to the Central Bankruptcy Court on November 14, 2017 as disclosed to the Stock Exchange of Thailand (SET), GSTEL was unable to repay
recognition 11) taxation 12) other unique matters, that is, related parties’ balances and transactions, specific accounting practices and issues, violations of debt agreements, rehabilitation plan, and
Core value: SEC-Pro The SEC develops and supervises the Thai capital market to ensure efficiency, fairness, transparency and integrity. The SEC is to establish the Thai capital market as an important
efficiency, fairness, transparency, and integrity, as demonstrated through the diligent work of the SEC family, generation after generation, throughout the past two decades. And I wish to see our team effort
committee shall appoint independent financial advisor to provide an opinion regarding the reasonable and fairness of the transaction together with the reviewed appraisal reports for such property to the