). However, the financial costs from these funding sources were very high. The Company had no ability to compete with the HRC import price from time to time. Moreover, lack of working capital caused the
yet started saving money for their retirement. Furthermore, financial behavior survey indicated ?5 Lacks? as follows: (1) Lack discipline to track spending that caused the household debt rose to 83% of
EARTH's requests for extension of the repayment period, which led to EARTH's lack of liquidity. Subsequently, on 2 June 2017, Mr. Phipat granted permission to a brokerage firm to sell EARTH
million metric tons, increasing 11.52% consisting of Hot Roll Coil and Sheet (thin gauge) at 0.707 million metric tons, increasing 14.57% and Thick gauge (Plate) at 28.2 thousand metric tons, decreasing
to operate businesses regarding such products;(5) Those products above may lack of liquidity for trading with cash or other productsIn addition, the Monetary Authority of Singapore (MAS) has
declined EARTH's requests for extension of the repayment period, which led to EARTH's lack of liquidity. Subsequently, during the period of 30 May 2017 to 7 June 2017, Mr. Khajohnpong and Mr
declined EARTH's requests for extension of the repayment period, which led to EARTH's lack of liquidity. Subsequently, during the period of 30 May 2017 to 7 June 2017, Mr. Phisudhi and Mr
's lack of liquidity. Subsequently, during the period of 22 May 2017 to 2 June 2017, Mrs. Thanyakamol, who knew or possessed the inside information, sold 7.94 million EARTH shares and 2.89 million
possessed the inside information of EARTH, which is a financial institution declined EARTH's requests for extension of the repayment period on 15 May 2017, which led to EARTH's lack of liquidity