Opinion of the Independent Financial Advisor on the Disposal of Assets of ITD

The Stock Exchange of Thailand · 2d ago
IFA's opinion IFA is of the opinion that the conditions and the appropriateness of the transaction are reasonable. The transaction is required under the Credit Facility Agreement between the Company and the lending bank syndicate and will provide the Company with a source of funds to repay its debenture and borrowings from financial institutions, allow it to recognize a gain on the disposal of investments, and improve its debt-to-equity ratio. This will increase its ability to repay debentures in full in the future and reduce its going concern risk. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement. If you would like to see the full details of this information, please click view "full details" in attached file.