undertaking was unsuccessful since the conditions precedent were not fulfilled. After the failure of the joint investment with AM, the Company constantly made efforts to restore its financial status, e.g. the
into a joint investment agreement with ArcelorMittal Netherlands B.V. (“AM”); however, the undertaking was unsuccessful since the conditions precedent were not fulfilled. After the failure of the joint
satisfied over time, using input method, and no revised budget needed Consolidated Financial Statements Customer 20 100% Company A Company B Contract 10 MB cost 1 MB subcontract 8 MB cost 2 MB Assumption
all conditions precedent under the Assignment of Participating Interest Agreements between OKEA and Shell are fulfilled, OKEA will increase its share capital in order to use the payments of share
delay in entering into the transaction due to the fact that various conditions precedent must be satisfied; and the risk of not receiving the refund of the security deposit of THB 45 million if the share
Audit Committee has considered the transaction and has opinion that the transaction is necessary and reasonable because the return on their investment is not satisfied and technology is very important in
business due to all transactions are taking to supporting the business operation and also the terms and conditions are satisfied. Please be informed accordingly. Sincerely yours
business operation and also the terms and conditions are satisfied. Please be informed accordingly. Sincerely yours, ---------------------------------- Mr. Khongsit Choukitcharoen Managing Director