inconsistent with the facts to deceive other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering &
contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a
enter into the purchasing and procurement contract within June, 2019 to carry out the project, which shall take approximately 18 months for the installation and the production of Siding Board and Diamond
in order to stimulate or reward the client to immediately [i] use offered services or [ii] invest in capital market products presented by the intermediary . “ institutional investor ” means an
in debt to the Company according to the purchase agreement to manage broadcasting time, in which the debtor is unable to comply with the contract. The Company filed a lawsuit to the debtor at Thonburi
For the 1st Quarter Ended 31 March, 2019 Page 1 (Translation) 1. Significant events of the 1st quarter of 2019 1.1 The signing of the shareholders agreement to invest in Underground Optic Fiber Network
Limited is in debt to the Company according to the purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the contract, therefore the
payment for the rest of 90 percent of the purchase price within 7 months from the agreement date. 2.2) Construction Contract on Plant, Warehouse and Office Building The Hirer Planet The Contractor In