financial advisor of the Company viewed that the net present value (NPV) approach is the most suitable approach for the valuation because such method reflects business operation plan, profitability and growth
; (2) a financial institution; "financial institution" means: (1) a commercial bank, finance company or credit foncier company established under the law on financial institution business; (2) a
forecasted to increase 6.5 percent annually. According to 2019-2028 Power Supply Business Plan (RUPTL), the government plans to expand its electricity generating capacity by 56,000 megawatts. The new RUPTL
business days prior to the resolution of the Board of Directors’ Meeting proposing the Extraordinary General Meeting of Shareholders to approve the capital increase and the allocation of the newly issued
weighted average market price per share of the Company’s ordinary shares traded in the SET for retroactively 7 business days but not more than 15 consecutive business days prior to the date to determine the
following information: 23 (1) nature of business operation and future business plan; (2) important financial information as specified on the website of the SEC Office or credit rating information; (3
information: (1) nature of the business operation and future business plan; (2) important financial information as specified on the website of the SEC Office, or credit rating information; (3) objective to use
, investment plan, necessity for working capital of business operation, business expansion and other factors that are relevant to the management of the Company in accordance with the Board of Directors and/or
, financial position, liquidity, investment plan, necessity for working capital of business operation, business expansion and other factors that are relevant to the management of the Company in accordance with
establishing the offering price and compare such information with data of other listed companies in the same industry or companies with similar business as well as stating assumptions used in the calculation