Chaichanajarak, (4) Mr. Nontawat Dhanasuwiwath, colluded to purchase Panacee Grand Hotel Roemerbad (Panacee) in Germany at a significantly higher price than the appraised price based on the market approach. They
0.0330 – 0.0347 per share. The adjustment to the fair value of the preferred shares results from the appraisal of the Company’s ordinary share value with reference to the market price approach. Therefore
for this transaction to be a Discounted Cash Flow Approach basis in order to determine the value of consideration for this disposal. In determining the value of consideration which is prepared by the
plan of PP1 and PP3 which shall sell the assets into Real Estate Investment Trust (REIT) upon project completion in the next 3-5 years. The Company has hired a financial advisor licensed by the Office of
financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years, which is the duration