Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s

company has assessed the initial synergy between GPSC and GLOW that would occur during the year 2019-2024 and is expected that the EBITDA will contribute to the total amount of Baht 1,600 million by 2024

management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in

shall transfer building, machine and equipment to Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized

revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

previously recorded impairment losses. Meanwhile, in Q4– 2022, the impairment was assessed along with a recorded impairment loss on financial assets by 32.6 MB. Fair value profit (loss) on FVTPL equity

Valuation and Consultant Company Limited on 11 October 2017, who are appraisers on the approved list of the SEC. They have appraised each plot as follows; Title deed number 72763 : 45,000 Baht per Square Wah

of the SEC. They have appraised each plot as follows; Title deed number 72763 : 45,000 Baht per Square Wah. Title deed number 72764 : 45,000 Baht per Square Wah. Total value is 55,035,000 Baht 4

company to lease for business operation. The fair value of such property was approximately 76.9 million Baht, which was appraised by an independent appraiser on February 10, 2016. - 9 - INTEGRITY QUALITY