of water supply in Phuket and Phang-Nga, and forecast investment budget and seeking contractor to Information Memorandum on Acquisition of Assets Bangkok Dec-con Public Company Limited (BKD)   - หน้า 2

distribute water supply to some part of Phuket and Phang-Nga. Currently, GS and HYDRO has applied for license that associated with operation of water supply in Phuket and Phang-Nga, and forecast investment

at cost on acquisition date in March 2012, appraised by Modern Property Consultant Co., Ltd. who is independent appraiser approved by the SEC has determined the market price base on the way to compare

billion baht. Taking into consideration the investment value factor, the appraiser viewed that there was no economic value and gave zero fair value to the mine.The two assessment reports from which EARTH

purposes. The date of appraisal reports for the Target Group Hotels and Resorts is 7 February 2018. The appraiser applied the income and cost approaches to estimate the fair market value of Target Group

competitors, competitiveness and potential, the names of the competitors (not required unless there is only one or a few competitors being market leaders), market trends and competitive forecast. 2.2.3

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...

, past experience, business plans, and future projection that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. Conclusion : The

likely to affect the rights and interests of shareholders or the decision making on investment. For example, an estimated number of visitors used in the projection was not disclosed. By virtue of Section

estimated number of visitors used in the projection was not disclosed.By virtue of Section 58(1) and (2) of the Securities and Exchange Commission B.E. 2535 (1992), the SEC therefore instructed PACE to