Bts 09 10

Page 137

152

EGV Co., Ltd.

Relationship

Transactions

• Mr. Keeree Kanjanapas • A long time ago, the Company is a director and major provided a loan to EGV Co., Ltd. shareholder in EGV Co., Ltd. and EGV Co., Ltd. used such loan to purchase shares in ITV Plc. and pledged these shares as collateral to the Company’s debt. This creditor submitted the application for debt payment under the Company’s business rehabilitation plan and now is pending the hearing of the final order of the Central Bankruptcy Court. • As of 31 March 2010, the outstanding debt before the deduction of allowance for doubtful debt was Baht 10.9 million, leaving the net book value of Baht 0.

Persons who may have Conflict of Interest

0

The Net Amount as of Fiscal Year ended 31 March 2009 after the Deduction of the Allowance for Doubtful Debt (Million Baht) 0

Additional Loan / (repayment) (Million Baht)

Description of Each Transaction

0

0

The Net Amount as of Fiscal Year Net Interest from ended 31 March the Allowance for 2010 after the Doubtful Debt Deduction of the Allowance for (Million Baht) Doubtful Debt (Million Baht)

Related transactions with outstanding debts which occurred long ago and the Company has evaluated that the debtors are not capable of servicing debts in full and the Company is in the process of debt service demand. However, the Company has already made allowance for doubtful debt sufficient for the expected losses.

Related Transactions Annual Report 2009 / 2010


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.