filed. The court has ordered that the lawsuits be adjudicated on the examination date. Debtors in the court case of the North Bangkok The confession was made throughout the allegations and will repay the
in its Q3/2013 notes to financial statements that due to the Supreme Court decision, claims of the company’s creditors were restored to the status prior to the date of rehabilitation order. However
underwriting amounted to Baht 7.95 million, an increase of Baht 16.08 million, as the ratio of net claims (less claim recovery from reinsurers) over earned premium during the same period last year decreased from
) 121,708.94 (100.00) Profit (loss) from Exchange Rate (931.01) (7,964.13) (7,033.12) 88.31 Loss on idemnity claims - (11,811.98) 11,811.98 (100.00) Profit (loss) before Finance cost and Income Tax 21,369.82
investment in 3 biomass power plant with total generating capacity of 26.9 MWs, by the disposal of ordinary shares in its three subsidiaries of UWC and the transfer of claims in relation to outstanding loans
amount of Baht 47.69 million, due to several large claims incurred in this quarter and also the increase of company’s retention in motor compulsory business. 2. The decrease of net investment revenue and
founders and major shareholders were all in favor of disposing QI to Continental. This transaction is at arms’ length and after the close, Continental will not have any claims against the Company. Please be
“Acquired Joint Venture Company”) in proportion of 50 percent from Sansiri. By acquiring such ordinary shares, the Company will accept from Sansiri the transfers of claims on existing loan granted to the
arms’ length and after the close, Continental will not have any claims against the Company. This disposal of asset transaction is not considered as material transaction, as the highest value of
expenses, net claims and other underwriting expenses rose by Baht 14.16 million, Baht 6.92 million and Baht 10.18 million respectively. 1.2 Operating expenses increased by Baht 3.56 million or 5.1% due to