Clarification of news or information requested by SET
At present, the Audit Committee and the directors of the Company are working with the relevant parties to consider options including the revised of financial statements. In such consideration, the Company has considered information and facts suggested by legal advisors in Thailand and Singapore. In this regard, if the result of the consideration is reached, the Company will further inform such result soon.
This letter is made with reference to the fact that the Office of the Securities and Exchange Commission (the “SEC”) ordered Group Lease Public Company Limited (the “Company”) to rectify its financial statements urgently and the fact that the Stock Exchange of Thailand (“SET”) issued a letter dated 12 June 2018 requesting the Company to accelerate the submission of the financial statements requested to be rectified by the SEC.
The Company would like to clarify the progress on the preparation of the financial statements of the Company, which was ordered by the SEC to be rectified and provide additional clarification, and the Special Audit of the Company,