Mainly reason is Cost Saving project that initiative by KBANK’s CEO also forcing to all departments by next year.
My checking with K.Niyut is as below krub,
1) Is the contract that being negotiate (MSA for Cash Management) with our legal and KBANK could be used?
Tao: No negotiation with our legal yet, this is a new MSA from KBANK that will implement with all projects.
But, MSA for Cash Management already done negotiation between NCR and KBANK top management (K.Suwat), it will not apply to this project.
2) Price reduce 20-25% seem to be not applicable for us.
Tao: Checked with DBT and WICR, they will not accept this new MSA.
3) Bank request response by 29 Oct.
Tao: Checked with DBT and WICR, they will wait and see how KBANK feedback if not response them within the requested date.