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
M.D. 219/2019 November 12, 2019 Subject : Disclosure of the information connected transaction To : President of the Stock of Exchange of Thailand Kang Yong Electric Public Company Limited hereby
company under Section 4 which issued debt securities. “Rehabilitation” means a company which has any one of the following characteristics: (1) being a company that the Thai court or the Foreign court has
M.D. 219/2019 November 15, 2019 Subject : Disclosure of the information connected transaction (Revised) To : President of the Stock of Exchange of Thailand Kang Yong Electric Public Company Limited
witnesses of the Petitioner and the Opposer (The Company submitted a petition for business rehabilitation in the case of Black No. For. 25/2562). The reason that the company did not sell the machinery in
M.D.137 / 2019 June 26, 2019 Subject : Information on Connected Transactions Dear : President of the Stock Exchange of Thailand Kang Yong Electric Public Company Limited, hereby informs you the
repayment under the rehabilitation plan of Gateway Estate Co., Ltd. to MDX for THB 10.07 million. In 2019, there is only THB 17.22 million reversal of doubtful debt from debt repayment under the
electric vehicles, which the subsidiary will be the manufacturer of 100% battery electric vehicle, and the subsidiary require production space for assembling the mentioned electric vehicle. Currently, the
production is around 2,000 tons per month on average, representing an income of 40,000,000 Baht per month. Also, the conglomerate has a new business plan that is the 100% battery electric vehicles, which the