income fund* SEC, Thailand Equity fund Mixed fund Alternative investment fund Country concentration**Foreign investment asset class (TB) **Based on foreign direct investment (unit trust not included
negotiation and agreement between the Company and the Sellers and is mainly determined by evaluation of capacity to generate income and profits to the Company in the future (Discounted Cash Flow) by referring
nor significantly different from the average values of the land assessed by an independent appraiser approved by the SEC. An appraiser is Ultima Appraisal Company Limited, who made an assessment on 3
approved by the SEC. An appraiser is Ultima Appraisal Company Limited, who made an assessment on 3 August, 2017. The cost of Assessment is 123,800,000 Baht. The transaction is categorized as a connected
asset. Book value of land and Building : 52,826,320 baht (December 31,2017) Market value of land and Building : 280,180,000 baht (March 14, 2018) Appraiser : KTAC Appraisal and Services Co., Ltd. Standard
. Moreover, it saved time and cost of sourcing. 2. Criteria Used in Determining a Transaction’s Total Value The purchase price is agreed price between the parties. The price shall lower than the appraisal
allowed to develop its own suitability test and may attach it with securities subscription form to give client adequate time for appraisal of risk appetite. In case of existing client who has done the
financial advisor independence from the target company and the tender offeror with regard to fair value appraisal. The consultation paper is available at www.sec.or.th. Stakeholders and interested parties
substantial procedure performed by the REIT manager as follows: (1) prior to disposal of the principal asset, an evaluation of the principal asset has to be done at least in accordance with the provisions under
the aforementioned transaction. The consideration was based on market study, sizes of investment projects by both direct and indirect competitors in Phuket, competitiveness in the tourism industry at