investment purpose as mentioned above by comparison with actual market price of the land selling nearby and found this mentioned land is an appropriate value 14. Opinion of Audit Committee and/or the Company’s
proportion is an appropriate transaction and beneficial to The Iconic Company Limited as a shareholder of The Iconic Property Company Limited for use as a working capital for its business. 8. The different
transaction is in accordance to Notification of the Capital market Supervisory Board No. TorChor 21/2551 “ Rules on Entering onto Material Transactions Deemed as transaction relating to assets or services and
as the normal business transactions. Also, the price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of
price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of Directors : - None - 620/5 Moo 11 Nongkham, Sriracha
Million (Eleven Million Baht), criteria for determining price is based on the market price of land in surrounding areas. Transaction size : The calculated size of this transaction is more than 0.03% but
total price of Baht 11 Million (Eleven Million Baht), criteria for determining price is based on the market price of land in surrounding areas. Transaction size : The calculated size of this transaction
purchase of products and expand the market in the Asian region, which will enable the Company to compete with other manufacturers. The Company therefore has to order additional machinery. Opinion of Board of
expects to received pay back return rate about 10 % which higher than interest market rate. RAM will receive dividend at preferable rate in the future. 6. Sources of Funds The company will acquire the asset
transaction : Relating to assets or services Item size : 9,000,000 THB Transaction is considered as related transaction according to Notification of Capital Market Commission as the category of assets or