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
to the total value of Baht 407.50 million. Material condition precedents 1. The Company has obtained the letter of consent from Kasikornbank Public Company Limited, the creditor of the Company, to
amended the former Bankruptcy Act, with major changes as listed below. 1. To be consistent with the Business Security Act, B.E. 2558 (2015), the term “secured creditor” has been redefined to include secured
regulations under Chapter 7/1. Clause 4 In the case where there is a necessary and reasonable ground, the SEC Office may grant a waiver for an intermediary from complying with any rule under this Notification
17.13 million was mostly from the payment of the direct creditor related to the share offering. Page 4/5 Long-term Loans from Bank As at 31 December 2016, the Group had the outstanding balance of three
details of the change are as follow : 2.1 Current liability as at June 30, 2017 amount of Baht 75.72 million increase Baht 25.06 million or 49.46%, This is an increase in raw material creditor due to the
is an increase in raw material creditor amount of Baht 25.83 million ,due to the fact that the company has a rising sale trend, so it has to order more raw material. 2.2 Non current liability as at
, 2017 amount of Baht 57.65 million increase Baht 6.99 million or 13.79%, This is an increase in raw material creditor amount of Baht 9.49 million ,due to the fact that the company has a rising sale trend