Sunday , November 29 2020

The SEC expands the Earth to clarify the fair value of the mine



The Office of the Securities and Exchange Commission (SEC) Energy Land (EARTH)

Specify the information on the existence of two coal mines in Indonesia in November 2018 and report the results of the review of the fair value of coal mining rights. In December 2018 from the deadline of 9 October 2018, with the disclosure of information via the Thai Information System.

EARTH clarifies the existence and fairness of rights in two coal mines in Indonesia and discloses information through the Thai Stock Exchange information system within 60 days of the date of the court. Central bankruptcy has mandated designers to carry out a mine mine valuation. Which was due on 9 October 2011.

However, EARTH CORPORATION CONSULTING SERVICES Co., Ltd., as the EARTH Reclamation Designer, requested the SEC to extend the reporting period and information on the existence of the mine. Coal is within November 2018 and the results of the review of the fair value of coal mining rights. Until December 2018 from the original expiration date that was sent to the above time. Since the amount of the net charge for such an action is approved by the court. There is less than the real cost. It takes time to solve the problem.

Including negotiation with consultants for further work. The current agreement with the counselor.

The Cyprus Securities and Exchange Commission has examined the extension of the EARTH deadline to clarify the information on the existence of two coal mines in Indonesia. Until November 2018 and the results of the review of the fair value of coal mining rights. By December 2018, the information will be shared simultaneously via the information system of the Thai Stock Exchange.

– InfoQuest from Ratchada Khongtan / Vilaine Tel: 02-2535000 Email: [email protected]


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