steadily (Growth Strategy). The Company, therefore, gears towards buying or merging with other businesses in order to benefit from being a larger size (Economy of Scale) and ability to cover a variety of
has potential of investment to collaborate for having business foundation’s strengthen and the ability to gain profit from the operation. 9. General description of connected transaction Type of
million baht? Comments: 2. Limit on issuance size to Thai retail investors: The SEC received a suggestion that there should also be a limit on the amount each ICO issuer can raise from Thai retail
Board of Directors deliberated and approved this financial support to GSTEL based on the ability to repay the debt from the cash flow of GSTEL at that time that GSTEL should able to repay the loan within
financial strength. The Company’s Board of Directors deliberated and approved this financial support to GSTEL based on the ability to repay the debt from the cash flow of GSTEL at that time that GSTEL should
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following the Shareholders’ Approval. The Company has no other disposition transaction within 6 months prior to this transaction of which its size is considered 9.22% on total value of consideration basis
-year term. FP, MHNK Bespoke and Verita shall pay the principal within 2020. Value and Size of the Transaction Principal and expected benefit received throughout loan term Amount Remark Loan principal