indicating the essences in line with [the form of] the registration statement; (4) report on the appraised value of the real estate to be invested by the REIT which is prepared in accordance with the rules

, which was not less than the market value of the leasehold rights of THB 119.30 million as appraised by N&A Appraisal Company Limited, an appraisal company that had been approved by the Office of the

cost (THB 95.08 million as of September 30,2017) and not less than the market value of the leasehold rights of THB 119.30 million as appraised by N&A Appraisal Company Limited, an Encloser Page 3

been appraised by the financial advisor and book value are appropriate. Therefore, the divestment in YLP ceased to be the Company’s subsidiary will reduce the overall amount of outstanding debts of the

appraised values (if any); (3) a summary of the appraisal of assets of the infrastructure business to be invested in by the mutual fund, at least including the appraised values, the appraisal methodology and

2.63 2.10 1.82 Notes: 1 Collateral value calculated based on the appraised price in accordance with the latest resolution of the committee on the apprise price (notwithstanding that some of the appraisal

investment units of foreign fund, such fund shall be in conforming to the following conditions: (a) it has to be under the supervision of a regulatory agency supervising securities and securities exchanges

shall not be executives, staff members, or employees of the securities clearing house or its affiliate; (2) set up a unit for managing risks according to policies concerning risks, provided that payment

system provider specifically to only those who have granted approval under the notification concerning support system provider ; (5) service provider managing payment information for securities trading

support system provider; (5) service provider managing payment information for securities trading approved by the SEC office on conditions, rules and procedures specified by the Office; 4 Repealed by the