News Detail

Date/Time
16 Nov 2015 21:07:00
Headline
To postpone for submission the 3 rd quarterly financial statement for the year 2015
Symbol
AQ
Source
AQ
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                -Translation-    
SET.024/2015                            
November 16, 2015

Subject: To postpone for submission the 3 rd quarterly financial statement for 
the year 2015
To: Managing Director
      The Stock Exchange of Thailand

The company has a Board of Directors Meeting No. 12/2015, held on November 16, 
2015 at 1st floor conference room of AQ square building at 17.00 pm. which has
the list of information for the Board of Directors consideration and this
information must be notified to the Stock Exchange of Thailand as follow.

Actually, the securities and exchange act.1992 and improve the rule of section 
56 on November 22, 2013 which defined the listed company must be submitted the
quarterly financial statement to SET.within 45 days after accounting period
closing. The AQ Estate Plc. is the company that is obliged the preparation and
submits the financial statement for the year ended September 30, 2015 within
November 16, 2015. Therefore, the auditor has preliminary comments that are
unable to review the conclusion of the 3 rd quarterly financial statement 2015
due to the uncertainties that may affect ongoing operations.

The Board of Directors have the opinion with these uncertainty and notice that 
the company will slow down the investment plan in various projects which are
under processing due to the financial institute slow down to support loan until
there is the clarity to solve these problems for Krung Thai Bank Public Company
Limited completely, this will make the value of many projects in the future that
decreased significantly. The Board of Directors has the resolution to the
management for estimation the value of property in the project that will be
affected within 60 days. In order to prevent the investor confusion or impact on
the purchase price of securities which distort the actual condition or basis
facts of the uncertainty financial status and operation result, the company is
necessary to postpone for submission these financial statements to 60 days When
the company will process these issues completely, it will carry on submit the 3
rd quarterly financial statement to SET.

Yours Sincerely,
 
(Mr. Suthisak Vageepiyanantanon)    (Mr. Pop Petsuwan)
                  Director                  Director
______________________________________________________________________
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of the information and related documents of listed company or issuer to the
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