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
to May 15, 2019. Since GSTEL had filed the rehabilitation petition to the Central Bankruptcy Court on November 14, 2017 as disclosed to the Stock Exchange of Thailand (SET), GSTEL was unable to repay
on December 31, 2018). The Company extended the loan tenor from November 15, 2017 to May 15, 2019. Since GSTEL had filed the rehabilitation petition to the Central Bankruptcy Court on November 14, 2017
judgment. Moreover, the plaintiff and the Company are currently filing the petition to the Supreme Court. At present, the Company has recorded interest expenses for the year 2018 at the rate of 8.50% per
decision to be conformed to the Court of First Instance’s judgment. Moreover, the plaintiff and the Company are currently filing the petition to the Supreme Court. At present, the Company has recorded