Re: Criteria, Conditions, and Procedure for Application for Waivers for Making Tender Offers for All Securities of Businesses with Objective of Assisting Business Rehabilitation (No. 2)
Re: Criteria, Conditions, and Procedure for Application for Waivers for Making Tender Offers for All Securities of Businesses with Objective of Assisting Business Rehabilitation
to approve that EARTH underwent a business rehabilitation process. The SEC, then, had a question regarding the existence and status of the increased debt of THB 26,000 million.The investigation
terminated rehabilitation plan and compromise 487,934,137 659,013,001 -35% Current portion of long-term loan from related party 314,000,000 314,000,000 0% Current portion of bonds 470,511,788 505,933,824 -8
to related parties 3 - - Liabilities from terminated rehabilitation plan and compromise 23 540,301 659,013 -22% Current portion of long-term loan from related party 3 314,000 314,000 Current portion of
receivable that has requested to the Court for the business rehabilitation process at THB 7.7 million. When compared the six-month period to the prior year, it was increased by THB 2.6 million or 5.9%. Net
Ranking by Industry Business 4/ Market/Industry/Sector Change Effective Date 01/06/2007 Previous Market/Industry/Sector SET / Agro & Food Industry / Agribusiness Current Market/Industry/Sector SET
parties 124 1,239 90% Accrued interest expenses 137 132 (4%) Current portion of liabilities under rehabilitation plan 173 180 4% Provision 0 41 100% Other current liabilities 19 31 39% Total current
Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business rehabilitation order issued by the Central Bankruptcy Court. JAS later disclosed
rectified and audited/reviewed financial statements by October 27, 2014.The Supreme Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business