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
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
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
Connected Transaction (granted financial assistance) and impact on the submission of the petition requesting for entering into business rehabilitation plan of G Steel Public Company Limited To: President The
from the repayment of fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also repayment under the rehabilitation plan of Gateway Estate Co., Ltd. to MDX for
publicly disclose the information via the SET system by 17 April 2018. However, EARTH notified that during the process of the business rehabilitation under the bankruptcy law, the company needs to request
, the Board of Directors meeting approved the submission of the petition requesting for entering into business rehabilitation plan. Later the Central Bankruptcy court accepted the petition for the
conversion. On 13 November 2017, the Board of Directors meeting approved the submission of the petition requesting for entering into business rehabilitation plan. Later the Central Bankruptcy court accepted
allowance for debts from the rehabilitation plan of the Company, amounting 3 million Baht; - deferred tax of the Company and its subsidiaries of 66 million Baht resulted in the record of the net profit for
231 million Baht; - an allowance for debts from the rehabilitation plan of the Company, amounting 613 million Baht, in compliance with Thai Financial Reporting Standards (TFRS). However, the Company has