value in financial statement was based on fair value from Income Approach which was apprised by Independent Appraiser. The Appraisal value is based on history occupancy rate, rental rate and operation
long-term loans. Non-current assets presented at Baht 1,832.8 million, increased by 10.0%, due to the recording of fair value on land which determined by Independent appraiser during the period. As of
9.0%, due to the recording of fair value on land which determined by Independent appraiser during the period. As of September 30, 2017, total liabilities presented at Baht 1,207.1 million, decreased by
Transaction Criteria used to determine the consideration value are: (1) The appraised value by independent appraisers approved by SEC. (2) The appropriate return to Trust investors. (3) The potential for
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
the companies’ shares have reasonably. Based on the implementation and the appraised value of land from independent appraisers. 9 . The opinions of Audit Committee and/ or directors different from the
represented the appraised value reviewed by the independent appraiser. Page 2 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 In October 2019, SET announced that S was listed
Criteria used to determine the consideration value are: (1) The appraised value by independent appraisers approved by SEC. (2) The appropriate return to Trust investors. (3) The potential for commercial
equipment amounted Baht 151.73 million or 9.26%, primarily due to the recording of fair value on land which determined by Independent appraiser during the year. Total Liabilities As of 31 December 2017
not exceeding 320 million USD. As aforementioned transactions, The Company recognized the effect on investment between the fair value from financial independent advisory firm with the actual