value Land and Buildings of Rich Asia Industry Co., Ltd. Baht 550.00 million Baht 502.90 million 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt
equals to Baht 256,500,000 are the prices and conditions from the negotiation between the purchaser and the Company, together with the business valuation. 7. Expected benefits to the company from the asset
space with a proper size for its operation. 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal will help reduce the debt of the Company, making the Company able to repay
Sales and Purchase Value Appraised Market Value Machines of Rich Asia Industry Co., Ltd. 53.85 million baht 55 million baht 134.61 million baht 8. Expected benefits to the Company from the asset disposal
million Baht 171.72 million 8. Expected benefits to the Company from the asset disposal 8.1 This asset disposal, enabling the Company could repay the remaining debt to the debenture creditors and enable to
in practice the “base price” approved in Agenda 3 of such meeting was not in line with the market conditions of each asset at the time of the bidding. Enclosure Page 11 7. Expected benefits to the
. Expected benefits to the Company from the asset disposal 7.1 This asset disposal is a part of business restructuring of the Company’s group with a view to withstand the potential impacts from the downturn of
disposal of assets does not substantially affect the ordinary course of the core businesses of the Company. 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal will help
appointed independent financial advisor is to provide opinion regarding the fair value of the asset acquired. 8. Expected Benefits The Company and the Target operate in the same business industry, which is