Baht. 5) Objective of Transaction To preparing Working Capital for increase liquidity of business. 6) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than

Re: Guidelines for the Book Building and the Determination of Offering Price to Public and Individual (No. 2)

Board of Directors has considered and agreed that The price agreed to sell the investment in the value of Baht 25.50 million, even lower than the valuation price of the business from the financial

. More 1.7. The Board of Directors considers it appropriate that the price agreed to sell the investment in the value of Baht 29.50 million is within the scope of the valuation of the business from the

engaged valuers to prepare valuation reports on such assets. The Board of Directors has considered such valuation and deemed it appropriate to determine the fair price for disposal of such assets (the “Fair

the condition that a due diligence and feasibility study of the project and valuation of shares are being satisfied and there must be no material adverse effect to the financial conditions and operation

. Consideration The Transaction will be effected on the basis of an agreed valuation of a 1.77 times multiple of Permata’s book value (subject to certain adjustments). This implies, on the basis of Permata’s book

price. The details of the Price Dilution, Control Dilution and Earning Dilution will be described below. In this connection, the valuation methods for the offering price are as follows: 1 Book value as of

as follows: Pace Project One Co., Ltd. (PP1) 1st Independent financial advisory Method Business valuation Common Share Value Equity value (Low Case) 5,058 million Baht (910)* million Baht * The Company

valuate the land again. The valuation is expected to be completed in June 1028. However, if valuated price is lower than 165,000,000 Baht, the condition precedents of share purchase agreement between