debt restructuring regarding to the major 4 creditors has transferred all amount payable under the contracts to new creditor. 2. Short-term loan from other party decreased by THB 10 million due to the
from debt restructuring The Company had recorded gain from debt restructuring in the Q3-2017 amounted to THB 110 million resulting from the creditor agreed to reduce some partial of the interest payable
with some creditor, and the company gets extension for the repayment and interest hair cut so the company recorded gain from compromise. Selling expenses Total selling expenses of the Company and
Company had gain from the creditor waived the debt amounted to THB 622 million after the Company had repaid some partial of debt. Therefore, if it excluded this special transaction in last year quarter
high-risk or complex characteristics outside the offices of intermediaries shall comply with the regulations under Chapter 7. Clause 4 In cases where there is a necessary and reasonable ground, the SEC
). Opinion of the Board of director and Audit Committee The connected transactions of the Company are reasonable in the normal course of business due to all transactions are taking to supporting the business
temporary working capital in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term loan will be promptly
used as its temporary working capital in the business operation. Currently, the Company is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term
is not considered reasonable to the Company’ s status. As a result, the Company will apply a fair price assessed by a financial advisor who is under the financial advisor list of Securities and