Picnic Corporation Public Company Limited Picnic Corporation Public Company Limited (PICNI), a securities issuer which is proceeding the rehabilitation procedure under the Bankruptcy Law and is
performing their duties dishonestly by proceeding for T.U. Dome Fund to pay to Bania Co., Ltd. 10.4 million baht for the turnkey contract of construction and improvements of certain areas in T.U. Dome Fund
Bania Co., Ltd. Between January 5, 2009 and March 27, 2009, Bania Co., Ltd., aided and abetted Mr. Maris Tarab and Mr. Burim Chombhubol in performing their duties dishonestly by proceeding for T.U
manager, performed their duties dishonestly by proceeding for T.U. Dome Fund to pay 10.4 million baht to Bania Co., Ltd. It was claimed that the payment was made for the turnkey contract of construction and
sentenced the accused to three year imprisonment. As the accused’s plea was useful to proceeding, the Court reduced the punishment by one-third, resulting in two year imprisonment. SEC Act S.90 and Section