Baht. 5) Objective of Transaction To preparing Working Capital for increase liquidity of business. 6) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than

) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than nor significantly different from the average values of the land assessed by an independent appraiser

in the separate financial statements which was estimated by cost method at 47.76 million baht, which increased by 100 % compare with the same period in 2016. Investments in joint ventures were

Phuket Project with Central Department Store Co., Ltd. (“CDS”), a connected party. The objective of such transaction is to develop shopping complex at a cost of 1,282 million Baht (12% discounted present

. Moreover, it saved time and cost of sourcing. 2. Criteria Used in Determining a Transaction’s Total Value The purchase price is agreed price between the parties. The price shall lower than the appraisal

due to the efficient cost management in the production of electricity and steam from the Cogeneration power plants. Throughout Q1/2018, the Sriracha Power Plant, which is a Independent Power Producer

computing the WACC, the International Cost of Capital (“ICOC”) approach is used. b) The valuation date for the business valuation is 31 March 2017. c) The WACC is the weighted average of all costs of

Stock Exchange ," %! ' trading cost ()*'P*O* % 50% M$#" traditional exchange .%#$.KL#()* traditional exchange *)"O*P.M$()* \% "O*!"*P' )bML"')*O#"L"`.jL,""O%j()*&P*M$ # direct market access O* &P*#$!#bML

prescribed for the businesses to be able to choose the accounting policy for property, plant and equipment valuation between the cost basis and the reappraisal basis, if the businesses can reliably valuate the

growth at 2.5% of the free cash flow in the 10th year. Weighted Average Cost of Capital (WACC) : 12.25% Valuation from Discounted Cash Flow Method : THB 90 Million The preliminary assumptions used in the