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As at December 31, 2012, one subsidiary has performed the sublet contract of land plus property in one contract with director for the period of 3 year with option to renew the appraisal of an independent appraiser. The subsidiary constitutes obligation commitment that has to repay leased fee by Baht 57,800.00 per month. As at December 31, 2012, a subsidiary has used of property of the Company in order to use as factory and operate related business while does not charge inter-leased fee. As at December 31, 2012, two subsidiaries and two directors with land plus buildings of one subsidiary as collateral against credits that the Company has received from a commercial bank in amount of Baht 410.00 million. As at December 31, 2012, one director with his land plus building as collateral against credits that the Company has received from one commercial bank in amount of Baht 235.00 million. As at December 31, 2012, one subsidiary and two directors with land plus building of one director as collateral for against credits that the Company has received from a commercial bank in amount of Baht 490.00 million. As at December 31, 2012, two directors of the Company with fixed deposit of one subsidiary as collateral against credits that such subsidiary has received from a commercial bank in amount of Baht 56.00 million and amount of USD 0.50 million. As at December 31, 2012, one director of the Company with bill of exchange of one subsidiary as collateral against credits that such subsidiary has received from a commercial bank in amount of Baht 10.00 million. As at December 31, 2012, the Company has pledged a subsidiary’s ordinary shares, which the ownership belongs to the Company, together with land plus buildings, machinery and deposits of one subsidiary as collateral against credits that such subsidiary has received from one commercial bank in amount of Baht 2,347.10 million.

Gunkul Engineering Public Company Limited

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Gunkul 12  

GUNKUL_2012 GUNKUL ENGINEERING PCL Annual Report 2012

Gunkul 12  

GUNKUL_2012 GUNKUL ENGINEERING PCL Annual Report 2012

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