Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing the lowest price from 2 independent appraisal companies from machineries
not lower than the price appraised by the independent appraisal. In this regard, on 14 October 2018 which was the last auction day, at the completion of the auction it was appeared that Lertsamartyotha
Constructions in the rental area of Miami Bangpu Project, which the estimated values are Baht 466 Million. (The Appraisal is estimated by Altima Appraisal Company Ltd.,) 4 Total Value and Valuation criteria of
the lowest price from 2 independent appraisal companies, who are independent appraisers authorized by the SEC, from machineries evaluation as well as negotiation and agreement between the Parties. The
. Aloke Lohia and his son Mr. Yashovardhan Lohia. Mr. Aloke Lohia and his immediate family also holds approximately 0.26%; and (iii) Mr. Om Prakash Lohia holding approximately 14.73%. The Collective
appraised price adjusted by any acquisition or disposal of infrastructure assets (if any) and amortization of the infrastructure asset (if any) occurred after the latest appraisal. If the payment for the
: Market Price Value is based on the appraisal conducted by Simon Lim & Partners Company Limited. Total Value of the Consideration Paid and Market Price Value each amounts to 13.11 million baht, the
Value or Market Price of the target whichever is higher. Details are as follows: (million baht) Remarks: Market price value is based on the appraisal conducted by Simon Lim & Partners Company Limited
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