Information analysis

Subject                                  : Reminding investors to analyze 
Information
Security Symbol
  - GLOBAL SERVICE CENTER PUBLIC COMPANY LIMITED (GSC)
Description                              :
GLOBAL SERVICE CENTER PUBLIC COMPANY LIMITED (GSC) is requested by SET to 
clarify the contents of the company's financial statements covering year 2023,
which contain its auditor's qualified opinion concerning failure to obtain
evidence related to the accounting examination of the bank deposit accounts of
the company group, amounting to Baht 70 million, and its auditor's emphasis of
matter concerning the company receiving a letter on September 2023 from four of
its board members requesting the suspension of the transactions involving the
purchase of a piece land with construction property with a total value of Baht
150 million, and the sale of investment in its subsidiary with a value of Baht
60 million.
However, in September and November 2023, the company conducted transactions 
where four board members requested to suspend, citing additional clarification
that it was in accordance with the board's resolution. This appears in year 2023
that the company recognized a possible loss from the land purchase deposit of
Baht 100 million, and a provision for a loss on disposal of investment in
subsidiaries totaling Baht 37 million, resulting in the company having a net
loss of Baht 118 million.
The company will have to provide clarification via SET's information 
dissemination system by April 29, 2024. Investors are requested to study
company's financial statements and follow up its clarification accordingly.
______________________________________________________________________