Dear Ivo/Joe,
Approval Request: To credit bid a property in P3070213 (Surin) by issuing a cashier check of THB 305,000 to participate
Rationale:
- We initially had an approval to credit bid the asset before in September 2015, but the auction was objected by the borrower and subsequently cancelled.
- Now the asset has been listed again for auction and had an existing bid of THB 4.27mn
- We would like to credit bid up to a maximum amount of THB 5.08mn, subject to internal decision for the final amount.
- The asset is a single house (260sqm) on 412 sqw land in Samutsakhon.
Best Regards,
Chotihiran Varophas