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As at December 31, 2012, the Company has pledged an associate’s ordinary shares, which the ownership belongs to the Company, together with land plus property, land leasehold right, machine and equipmentduring-installation and bank deposit of the said associate for jointly offer the collateral for the credit facilities the associate received from a commercial bank at the credit line of Baht 2,384.90 million. As at December 31, 2012, the Company has mortgaged land plus building which the ownership belongs to two directors of the Company as collateral against credits that the Company has received from a commercial bank in amount of USD 100.00 million. As at December 31, 2012, one subsidiary has mortgaged land of them and has pledged the ordinary shares of the Company, which the ownership belongs to Gunkul Group Co., Ltd. offer the collateral for the credit facilities of the one subsidiary received from a commercial bank at the credit line of Baht 348.00 million. As at December 31, 2012, the Company has pledged the ordinary shares of the Company, which the ownership belongs to Gunkul Group Co., Ltd., offer the collateral for the credit facilities the Company received from a commercial bank at the credit line of Baht 2,169.00 million As at December 31, 2012, the Company has entered into the construction contract with one related company to perform the infrastructure work and paving stones which has the value in amount of Baht 45.33 million. As at December 31, 2012, such the Company had outstanding commitments totaling approximately Baht 11.18 million As at December 31, 2012, one subsidiary entered into a solar power plant construction and civil works in 4 contracts with the Company. Such the construction contract price was in amount of Baht 1,450.03 million. As at December 31, 2012, such subsidiary had outstanding commitments totaling approximately Baht 665.52 million. As at December 31, 2012, one associate has entered into the construction contract and civil works with the Company for constructing flood protection system, water drainage system and paving stones which has the value in amount of Baht 1,224.02 million. As at December 31, 194

Smart Energy in Action

Gunkul 12  

GUNKUL_2012 GUNKUL ENGINEERING PCL Annual Report 2012

Gunkul 12  

GUNKUL_2012 GUNKUL ENGINEERING PCL Annual Report 2012

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