price is determined on the fair value of land appraised by an independent appraiser approved by the Office of the Securities and Exchange Commission (SEC) to appraise land and property, which in
equivalent to 100 percent of its total shares, with the par value of Baht 27.25 per share, with STEC. In this regards, the Company agrees to transfer all ordinary shares in Mo Chit Land to STEC on November 1
consideration 3. Approved the appropriate price range of the value of assets disposal according to opinion of an Independent Financial Advisor in a total of 1,636.50 - 1,684.50 million baht and set criteria for
related party transaction and asset acquisition subject to the approval of shareholders? meeting.Although, the transaction value is within the range of 245.24-292.78 million baht as appraised by independent
5.00% 1/ Being as a Director and Managing Director 2. The Total Value of Consideration The total value of consideration for entering the 2 transactions above is in the total value 7,159,625.00 THB. The
financial statement as of 30 September 2017, the transaction size is of the highest value when calculated from net tangible asset test, which is equivalent to 14.48 per cent. According to the Notifications of
represented the value mutually agreed between a subsidiary and an associate, in accordance with the debt restructuring and transfer agreement. Such value was appraised by an independent appraiser. However, in
Value and Criteria used in determining a transaction’s total value : Loan in the amount not exceeding Baht 94 million at the interest rate of 12.5% per annum for a period of not more than 6 months from
transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company and considers it appropriate to purchase this land with building