used in Value Measurement The price negotiation between the buyer and seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income

Capital of 14 million baht, divided into 410,000 ordinary shares, par value of 100 baht. Shareholder Structure: No. Shareholder No. of shares % 1 IGEN Engineering Co., Ltd. 409,998 99.9995% 2 Mr. Peerayot

, 2019 October 4, 2019 October 2, 2019 2. Appraised land value 912,568,000 Baht 937,232,000 Baht 912,568,000 Baht 937,232,000 Baht 3. Land price per square wah 370,000 Baht 380,000 Baht 370,000 Baht

IPO price, which will be determined and announced later. (At par value of Baht 0.50) Subscription and / or payment schedule : The timing is close to the IPO offering which will be scheduled and

IPO price, which will be determined and announced later. (At par value of Baht 0.50) Subscription and / or payment schedule : The timing is close to the IPO offering which will be scheduled and

is equivalent to 26% of the paid-up capital, disposed to MCL Property Company Limited http://www.pacedev.com/ - 2 - Disposal Price and fair/book value of Common Shares : • The disposal price for

acquired are land and building valued of Baht 305 million. 7. Criteria used for determining value of consideration The purchased price of Baht 305 million is depended on the agreed price together with the

Company Limited equivalent to 74,000,000 ordinary shares at the par value of Baht 10 per share, totaling transaction value of Baht 1,695 million 2. The meeting resolved to approve the authorization of

of Transaction Value: Value of acquisition of assets has compared to value of total assets of the Company by comparing with actual buying and selling price of the land that is located nearby

date for determining the underlying value: Guarantee/collateral: Method of redemption:  Physical  Cash  Physical or Cash  Etc. …… Principal protection at maturity date: Offering price: Condition for