(dormant company). Padaeng Industry Public Company Limited (the “Company”) would like to notify that the Board of Directors’ Meeting No. 04-2019 which was convened on Friday 9 August 2019 resolved to approve

to liquidate the collateral assets to repay the principal, fulfill interest obligations, or settle any fees owed to the bondholders.  The SEC requires that the bondholders’ representative analyze the

liquidate the collaterals. Nevertheless, the liquidation value may be insufficient to cover the debt, causing losses to the brokers and impacting the credibility of the overall capital market. Additionally

market. Nonetheless, the highly volatile environment has led some investors to redeem their investment units from bond mutual funds. This has forced some bond mutual funds to liquidate their bond

initial margin deposit it has made or may be called upon by its agent to liquidate its position at a loss should it be unable to provide additional margin funds within a specified period. 2. Options 2.1

Liquidation The Company and its customer has planned to transfer all its operation to Thailand site, therefore, proposed to dissolve and liquidate the Malaysia subsidiary in consider to better maintain the

. Even though the income from sales has decreased 0.64%, the income from rental and service business and income from management fee of subsidiary companies have increased. In order to liquidate the

, established a short-term goal and strategy to liquidate the inventory. In 2017, the Company earned around 7,000 million THB, equivalent of 50% of the value of all inventories, from the sale of the inventory

transfer expenses) increase 25.06% as a result of the attempt to liquidate the inventory. Therefore, the net profit has decreased 1.30% from the same quarter of the previous year. There is one project

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