Able to emphasize organizational status Still going strong

according to Samart Corporation PCL. have informed SET In the case where the company was sued by the 13th Asian Games Organizing Committee (BAGOC) and the Sports Authority of Thailand. The competition was organized in 2540 and the company was a sponsor of the said sports competition. Covers the installation of telecommunications equipment systems. and financial support

However, due to the severe economic crisis that occurred in 2540, it had an impact on the country's economy as a whole. causing the company to be unable to provide further support This led to the lawsuit and the Supreme Court's decision that the company must pay the principal amount of 190 million baht plus interest of 528 million baht to the Sports Authority of Thailand and BAGOC, which the company has accepted and is ready to comply with the decision.

Recently, the company has deposited assets to pay off the principal and some interest, totaling 230 million baht, with the remaining interest being negotiated for long-term installment payments.

Mr. Watchai Vilailak, Vice Chairman of the Executive Committee Corporate Strategy Department and new business development Samart Corporation PCL. said "In the past, the company had carefully prepared to deal with such disputes. It has already set up reserves and recorded long-term debt provisions in the amount of over 400 million baht. In addition, the company has regular income that continues to grow continuously and steadily. I am therefore confident that this event It will not have any impact. to the financial status and operations of the company Including the payment of said debt in installments.

Moreover, in 2567, the company is confident that the overall business performance will definitely be higher than the previous year. With positive factors for the growth of every business line in the group, such as the ICT business line Under Samart Telcoms Public Company Limited (SAMTEL), this year it is expected that the value of work in hand will exceed 10,000 million baht with the signing of major project contracts in the second half of the year. Business related to aviation By Samart Aviation Public Company Limited (SAV), in addition to growing its air traffic control center business in Cambodia, SAV is also looking to expand its airport service business both domestically and abroad. To be more comprehensive and complete To strengthen regular income, most importantly, the company is accelerating the project in Lao PDR to ensure clarity and progress quickly."

“With experience in going through many crises, Samart Company conducts business with carelessness. and give importance to comprehensive risk management. Therefore, we would like to assure you that The Group can continue to grow sustainably and will strive to seize every business opportunity to create worthwhile returns on investment.” Mr. Watchai concluded.