the share transfer agreement (Share purchase transaction). Guarantee obligations and other obligations : -None - Reasons for the share disposal : TL’s business has accumulated losses; therefore, the
in the amount of 40.95% when compared to the year 2018. Most of expenses are fees from issuing letter of guarantee. In year 2019, the Company still has been unable to obtain the financial support from
2019 there is a mortgage of land to guarantee the project - Administrative expenses for the first quarter of 2020 reduced by 30.10% due to the customs department expenses in the first quarter of 2019 is
investment in the past 6 months. Source of Fund for Investment - Loan from bank in the amount of 75 million baht - Standby Letter of Credit of 2.112 million US dollars for one year to guarantee the last
construct the Project within 2 years from the leasehold registration date or any agreeable period including rationale extension. Upon the occurrence of an event causing termination except defaulted by the
.................................................................................................................. 22 Summary of Provisions relating to the Notes of a Series while represented by Global Notes ......................... 40 Form of the Guarantee
guarantee of 60 million baht, which the company opened a 1-year fixed deposit account for guarantee of plastic resin purchase. The company will have a lower interest rate than buying a credit with the seller
used its due care to determine the entering into this transaction. In this regards, to guarantee that STEC will perform its duty under the agreement (including duty to pay the remaining purchase price to
OEM order. Restricted bank deposit As at March 31, 2019 and YE 2018, the group of companies has bank guarantee deposit of THB 0.20 million and THB 3.48 million respectively. The reduction was from
existing financial institution. 2. After transfer of the ownership of the land, the Company will reserve approximately Baht 200 - 250 million for contingent liability under the letter of guarantee. Part of