recognized or complies international standards shall be used. Clause 13 In case the fund applied for the establishment is investing in an infrastructure asset which is the right to receive the future income or
of the fair value of any asset, a value that follows an academic principle that is recognized or complies international standards shall be used. Clause 13 In case the fund applied for the establishment
due to financial statement adjustment in accordance with new Thai accounting standards. According to the previous accounting standards, the Company and its subsidiaries would have recognized a total
standards, the Company and its subsidiaries would have recognized a total sales decline of 0.7% YoY in H1/2019 ended 30 June 2019. In Q2/2019, the Company and its subsidiaries recorded loss of Baht 63
confidence to the ICO market. This could be accomplished by requiring ICO to be conducted through an ICO portal recognized by the SEC. The conditions for portal recognition may include how the ICO portal can
management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of
management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in
operation of NDR. Therefore, this transaction is categorized as connected transactions regarding to the Capital Market Supervisory Board Announcement TorChor 21/2551 about Rules on Connected Transactions and
Assets B.E. 2 5 4 7 and as amended by the announcement of the Board of Directors. Capital Market Supervisory Board No. ThorJor. Resource assets When calculating the size of the transaction according to the
/2008 regarding the criteria for making connected transactions, and the announcement of the Stock Exchange of Thailand, that is subject : Disclosure of information and operations of listed companies in