) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than nor significantly different from the average values of the land assessed by an independent appraiser

which the interest rate is approximately 9%-10% per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human resource management expense

interest expense which the interest rate is approximately 9-10 percent per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human

to provide services involving investment or transaction in consistency with risk tolerance of a client unless the client is as follows, such suitability may be whether assessed or not: (1) an

market value The market value assessed by an independent appraisal is THB 13.89 per share. The total market value is THB 30,560,000. As a consequence of that, the Company therefore considers the highest

past transactions of THB 14.09 per share and assessed by the Discounted Cash Flow Approach by an independent appraisal of THB 13.89 per share. The total market value is THB 30,560,000. In this regard

matters: 1. Approved to dispose of the assets having the total value of not exceeding THB 14,000 million to King Power Mahanakorn Co., Ltd. which is not a connected person of the Company; therefore, it

Determination of Other Securities Which Are Not Subject to Provisions concerning Public Offering of Securities

Re: Determination of Characteristics of Centers or Networks Which Are Not Deemed as Derivatives Exchange

Sale of Securities by a Securities Company Which Does Not Have Possession of the Securities