clarify and disclose information in the following matters: (1) the true existence and legal rights on the coal mines, and (2) the report on the re-assessment results of the fair values of the mining

MMS Soil Minerals Co., Ltd. : Unlicensed digital asset business (Disclosure Date : 23/04/2024)

Reference is made to the fact that the SEC had instructed EARTH to clarify the information relating to the existence and the fair value of the mining rights of the two coal mines in Indonesia and

of 2 coal mines and the revision of fair value of the right of such coal mines in Indonesia. In addition, 3 directors of EARTH, namely: Mr. Sawin Chindakul, Miss Paradee Teawanitchakul, and Mr

should had been stated, according to the assessment report assigned by EARTH’s business rehabilitation planner (EY Corporate Advisory Services Company Limited), about the existing right of 2 coal mines and

mines and the revision of fair value of the right of such coal mines in Indonesia. In addition, 3 directors of EARTH, namely: Mr. Sawin Chindakul, Miss Paradee Teawanitchakul, and Mr. Noppadon Chaidarun

should had been stated, according to the assessment report assigned by EARTH’s business rehabilitation planner (EY Corporate Advisory Services Company Limited), about the existing right of 2 coal mines and

Earth Public Company Limited EARTH) to clarify the information regarding the existence and the fair value of the mining property rights over two mines located in Indonesia, and to publicly disclosure the

rights over the two mines in Indonesia, at the total amount of USD731 million.After considering the disclosed information, the SEC questioned its appropriateness and the assumptions used in calculating the

The SEC is also working with the DSI in accordance with the bilateral Memorandum of Understanding for Cooperation to investigate EARTH’s suspicious acquisition of the legal rights over coal mines in