small units such as individual houses or condominium units.4. Asset appraisal must be made by an asset appraiser determined by SEC.In addition, SEC has improved the flexibility for a smart contract
decisions and to compare returns between investing in a leasehold fund and a freehold fund.In addition, Asset Management or REIT manager must disclose the summary of cash flow from the asset appraisal
including appraisal of impairment of assets, transactions occurred after the date of the financial statements, limitation of internal control of receipt and payment transactions, trade receivables, other
September 30, 2019. Land was appraised with the appraisal value of Baht 237.60 million by Tobtavee Appraisal and Services Co., Ltd., an independent appraiser engaged by the Company, as per their appraisal
quarter last year. This is a consequence of altering the administration and management of projects to suit the work schedule. The changes are as follows: Cost of contract work amounts to Baht 210 million; a
committee shall appoint independent financial advisor to provide an opinion regarding the reasonable and fairness of the transaction together with the reviewed appraisal reports for such property to the
between the price of the infrastructure assets and the appraisal price (if any); (c) fact sheet of the agreement that facilitates the acquisition of the assets of an infrastructure business; 3 (d) summary
area of 182-3-90 rai, value according to the appraisal value by Altima Appraisal Company Limited, which is an asset appraisal company approved by the SEC Office of Baht 415.45 million, guaranteeing such
producing machine (Used for producing plastic sack). The details are as follows: No. Machine Amount Book value * (Baht) Appraisal value ** (Baht) 1 plastic fabric producing machine 1 10,718114.32 7,870,000 2