the Connected Transaction of G Steel Public Company Limited 10 April 2019 According to the fact that in 2014 G Steel Public Company Limited (the “Company”) received financial assistance from Mahachai
the tap water tariff reduction is appropriate and will help alleviate the burden of the public. This transaction has no condition that may affect the rights of shareholders and helps to support the
caused by COVID-19 impact resulting in lockdown in India by almost 2 months which has put pressure on IRSL liquidity. This support will also help the entity to quickly start up and ramp up operations after
service area, Bangpakong service area, Nakornsawan service area and Ratchaburi – Samut Songkhram in order to support the government’s assistance policy for the public affected by the Covid-19 crisis through
shareholders None 7. Opinions of the board of directors of the Company related to the entering into of the transaction. The Board had been agreeing with the help and the support from Mr. Pongsak Sawatyanon and
shareholders None 7. Opinions of the board of directors of the Company related to the entering into of the transaction. The Board had been agreeing with the help and the support from Mr.Pongsak Sawatyanon and Mr
None 6. Opinions of the board of directors of the Company related to the entering into of the transaction. The Board had been agreeing with the help and the support from Mr.Pongsak Sawatyanon and Mr
. Furthermore, under the debt to equity conversion scheme above, the Company will receive financial assistance from Link Capital I under the Credit Agreement in the amount of USD 41,000,000, or equivalent to THB
the Company and the shareholders. Furthermore, the Meeting passed a resolution for the Company to seek approval regarding a receipt of financial assistance of the Company in May, June, August, September
debts in accordance with the debt restructuring plan. The Company made other efforts to seek out capable investors to help ameliorate the Company’s financial status, where in 2011, the Company entered