18 Dec 2020 17:30:00
Clarification of news or information requested by SET
SET requests to clarify news or information Subject : Case Progressing Report Description : No. ACC6312/002 18 December 2020 Subject Case Progressing Report Attention Director/ Managing Director The Stock Exchange of Thailand (SET) According to Advance Connection Corporation Public Company Limited, the "Company" would like to report its progress in case the company filed a lawsuit against the directors who approved the purchase of land in Koh Siray, Phuket Province and the list of extensions and improvements of the Pub Pla building Northern Lords Photo Gallery, the Loy Krathong Pier of C.E. (Chiang Mai) Co., Ltd. is a criminal case of the Phra Khanong Criminal Court. It is an undecided case No. 269/2020 for the offense of being a director, not performing duties responsibly, caution and honesty causing the damaged to the company and to act in a dishonest way to seek unlawful benefits for oneself or others. This is an offense under the Securities Act B.E. 1992, section 89/7, 281/2, 311, 313, 314 and 315, together with the Criminal Code, section 83, 84 and 86, with 9 individuals and juristic persons, consisting of 5 former directors, 3 other related persons, 1 juristic person, On November 16, 2020, the Phra Khanong Criminal Court issued an order accepting the appeal. It is currently being considered by the Appeal Court. Therefore, to clarify in order to disseminate to investors and interested parties in general Best Regards, (Mr.Angoon Phimphakorn) Managing Director Signature ___________________________ ( Mr.Angoon Phimphakorn ) Managing Director Authorized to sign on behalf of the company ______________________________________________________________________ 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.