calculation as the transaction value, the total transaction value shall be equivalent to 185.54 percent calculated based on the Net Tangible Asset Basis which is the basis that results in the highest
. Based on the Notifications on Connected Transactions, if the total value of transaction is not lower than THB 20 Million and not lower than 3 percent of the Company’s net tangible assets per the Company’s
percent of the total issued shares of the Company and Thai Oil, respectively. The value of the connected transactions is 1,000.9 percent of the net tangible asset value of the Company, calculated based on
Ended March 31, 2020 Audited FS FY2019 Audited FS FY2018 Total Assets 1,835 235 233 197 Intangible Assets 12 2 2 2 Total Liabilities 1,320 143 145 124 Total Shareholder’s Equity 514 93 88 73 Net Tangible
. Relationship : No relationship 3. The general characteristic of the transaction Net Tangible Asset (Refer to Consolidated Financial Statement 28 February 2015) NTA of target company x %holding x 100 NTA of the
transaction volume of over Baht 1 million but less than Baht 20 million, or more than 0.03% but less than 3% of net tangible assets (NTA), whichever may be greater. Such 0.03% of NTA value by the Company as of
of the Connected transaction”).The transaction size is greater than 3% of the net book value of the company's net tangible assets. (The book value of the company's net tangible assets based on audited
greater than 3% of the net book value of the company's net tangible assets. Appraiser Company Appraised date Approach of appraisal Appraisal Value 1.BrentJoe Consens Consulting Company Limited February 3
as of September 30, 2017, the maximum possible size of transaction relative to net tangible assets is equal to 0.29% under Total Value of the Consideration (maximum value criteria). The transaction is