SATHORN, BANGKOK 10120 PHONE : +66 (0) 2625 1188 FAX : +66 (0) 2625 1103 www.jubileediamond.co.th No. CS11/2019 August 13rd, 2019 Subject: Connected Transaction Attn: Director and Manager, The Stock
transaction is considered commercially viable, the price of AJP shares to be issued for share swap at 8 baht per share is not appropriate. The said view coincided with the opinion expressed by the independent
SUPER were of opinion that the acquisition price and transaction were appropriate and beneficial to the company. Nonetheless, independent financial adviser ("IFA") viewed that the acquisition price
KITHA shares is classified as acquisition of significant asset and related party transaction, the shareholders? resolution alone was unable to satisfy the requirements under regulations under the
KITHA shares is classified as acquisition of significant asset and related party transaction, the shareholders? resolution alone was unable to satisfy the requirements under regulations under the
GJS will seek the annual general meeting’s resolution to ratify the financial support transaction for GSTEL in the form of short-term loan worth not exceeding 94 million baht without any collateral
THB 130 million and interest. In addition, this loan is considered a connected transaction as GSC and ACAP have the same directors. However, GSC did not seek approval from the shareholders in
advisor (IFA) has advised against the shareholders? approval of such transaction because the offer price of 370 million baht is significantly higher than the fair price of 274 million baht by 96 million
. Accordingly, the transaction is subject to the prior approval of the shareholders? meeting. CWT board of directors and audit committee viewed that the investment project is beneficial and appropriate reasoning
The Derivatives Act The Derivatives Act B.E. 2546 SECTION 18. In order to protect customers, maintain stability of the financial system or control the risks arising from derivatives, the SEC shall