Page 47 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 45

The following flow chart depicts the procedure for the auction of NPAs from financial institutions.

- Property Appraisal
Department/ Branch
Office conducts NPA
Investment price survey
Investment Management - Investment Management
Management Department Department checks status
Department receives The Executive Approve gathers information and analyzes data for
an invitation to join Committee from the financial purchasing price
bidding for considers joining institutions to calculation with the
non-performing the bidding prepare status Company’s calculation
asset purchase. for purchase. check. formula

The Board of Directors considers (1) giving
the Executive Committee the authority to
consider the proposed purchasing price, The NPLs and NPAs
according to the proposed terms and Approve Acquisition Committee
conditions, the auction terms, and related considers the information
authorization for the auction; and (2) giving of NPAs and determines
CEO the authority to negotiate the terms the purchasing price
and conditions, and to sign related
documents

The Executive Committee
considers the preliminary The NPLs and NPAs Acquisition
purchasing price and gives Approve Committee considers the CEO considers the
CEO the authority to increase/ preliminary purchasing price purchasing price/signs
reduce the price and to approved by the Board of Directors the approval of the
consider the terms of the and the Executive Committee bidding document 2
purchase.

1
Note: For the case where the auction day is too far 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
Unit: Baht (in millions) 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 Chief Executive Officer must be considered by the NPLs and NPAs Acquisition
Committee.