MBK Public Company Limited (MBK) would like to inform that the Board of Directors' meeting of MBK no.3/24 on March 6, 2024 has approved in principle of extension of financial assistance period to MAX Asset Management Company Limited (MAX AMC), a company in which the MBK holds 16.56% of its paid-up capital, to provide financial assistance in proportion to the shareholding. The details are as follows: Transaction date is April 1, 2024; The involved parties: Lender: MBK Public Company Limited (MBK) and Borrower: MAX Asset Management Company Limited (MAX AMC); Lender Status of MBK: Shareholders of MAX AMC holds at 16.56% of its paid-up capital and Thanachart Capital Public Company Limited (TCAP) is the major shareholders which MBK and Status of TCAP: The major shareholders which MAX AMC; Borrower Status of MAX AMC: A company which MBK holds 16.56% of its paid-up capital and A subsidiary which TCAP holds 83.44% of its paid-up capital; Details of Lending The interest rate: 39.69 million baht MLR+1% p.a. (MLR of TMB Thanachart Bank Public Company Limited at present, MLR is 7.725%); Term of loan: From 1 year 3 months (January 1, 2023 to March 31, 2024) To be 1 year 1 months (April 1, 2024 to April 30, 2025) (The contract renewal to due April 30, 2025); Principal Repayment date and Interest Payment date: Principal repayment at the end of the credit line and interest is paid at the end of each month; Source of Lending Fund: MBK's excess liquidity and/or borrowings from financial institutions as the Company has a higher ability than its associate to borrow from financial institutions.
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