Page 37 - BAM ONE REPORT 2564 (ENGLISH VERSION)
P. 37
Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 35
The following flow chart depicts the process of acquiring of NPLs from financial institutions
- Property Appraisal Department/
Strategy and Branch Office conducts NPL
Investment collateral price survey
Investment The Executive Department gathers - Property Development
Management Committee Approve information from Department checks status and
Department receives considers whether financial institutions analyzes data for purchasing
the invitation to NPLs to participate and prepares for price calculation with the
auction in the auction further inspection Company’s calculation formula
or not
The Board of Directors considers (1) giving
the Executive Committee the authority to
consider the proposed purchasing price,
according to the proposed terms and conditions, The NPLs and NPAs Acquisition
the auction terms, and related authorization Committee considers the
for the auction; and (2) giving CEO and/or information of NPAs and
SEVP and/or EVP (Financial Management & determines the purchasing price
Investment Group) the authority to negotiate
the terms and conditions and to sign related
documents
1
The Executive Committee considers The NPLs and NPAs Acquisition Committee CEO considers the
the preliminary purchasing price and Approve considers the preliminary purchasing purchasing price/signs
gives the CEO the authority to price approved by the Board of Directors the approval of the
increase/reduce the price and to and the Executive Committee bidding document 2
consider the terms of the purchase.
Note: 1 For the case where the auction day is long time away from the meeting date of the Board of Directors, the
Board of Directors will give the Executive Committee the authority to consider the purchasing price, as well as
the terms and conditions of the auction; in order to improve the overall flexibility of the operation. In such a
case, the Executive Committee will give the President the authority to consider the purchasing price/ sign the
approval of the bidding document.
2 The final purchasing price presented to the Chief Executive Officer must be considered by the NPLs and NPAs
Acquisition Committee.
