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
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
mining property rights over two mines in Indonesia. The deadline was due on 31 December 2018.Earlier, the SEC ordered EARTH to clarify two issues, as follows: (1) the existence and the legal rights over
Energy Earth Public Company Limited On February 7, 2019, Energy Earth Public Company Limited ("EARTH") disseminated information about the value of the right of 2 coal mines in Indonesia