given by the board and thus the transaction needed prior approval from the IEC board of directors. His acts caused IEC to have burden on loan guarantee in the amount of B1,178 million and were in
orderly functioned. In case WAVE intends to increase its investment in TSE, it should be cautious on increasing its stake up to 35 percent, as it will cause WAVE excessive debt burden. Moreover, the Audit
determine the total value : Comparative valuation of land prices in the area. 6. Purpose of transaction : 1. The company has not made use of these assets which remain unused. 2. To reduce the burden on
due to subsidiary Ua Withya Public Company Limited on loss of impairment as amount of 24.18 Million Baht and reversal of losses from project contracts that create burden as amount of 3.81 Million Baht
measures to assist the public. One of the measures is to alleviate the burden of public utility expenses, such as PWA water tariff. PWA, which is a state enterprise under the supervision of the Ministry of
alleviate the burden of public utility expenses, such as PWA water tariff. PWA, which is a state enterprise under the supervision of the Ministry of Interior, sent a letter to UU requesting assistance to
asset disposal transaction is not the main business of the Company; thus, it does not have any impact on the operation of the Company. Furthermore, this asset disposal will help reduce debt burden of the
transaction value x 100)/ NTA of the Company) Total asset of the registered company Paid or received transaction value = Selling price + Outstanding loans burden with the Company = 256.50 + 17.92 = 274.42 Total
Company to invest in other projects and repay its obligation to reduce the Company’s financial burden. Please be informed accordingly. Sincerely Yours U City Public Company Limited
. It is a result of the Company has no interest burden and the financial cost is only the fees for letter of guarantee issuance. Please be informed accordingly. Sincerely yours, (Mr. Tradsin