strategy is the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the

solid plan to be supported the financial projection. This is resulting in the decrease in business valuation than last period and the provision of goodwill to be provided. Financial costs A financial cost

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

share capital1 (the “Share Purchase”), at the price of INR 36 per share, equaling to the total investment amount of INR 2,988.00 million (the “Maximum Share Purchase Cost”), or equivalent to approximately

, and the due diligence based on its accounting and financial information. Weighted Average Cost of Capital : 12.25% (WACC) The preliminary assumptions used in the valuation based on the Precedent

million, will give the Company a net cash flow of THB 834.55 million. The Company can use the net cash generated from this transaction as a fund and help reduce financing cost for developing its other

resources especially the back-office functions as well as the management team to streamline our service operations and to save cost. Financial Position As of the year ended 2019 and for the period as of June

, 2017, the company, during Q2 2017, has assessed and reviewed the accounting policy and changed the valuation method from cost method to fair value method of land, land improvements, office condominium

://www.sec.or.th/EN/Documents/AnnualReport/pb_ar_2003.pdf Annual Report 2004 for property valuation standards, and the committee to review the work of financial advisers. Moreover, in considering material facts

that the auditor could not reach a conclusion on the valuation report of PACE’s equity investments in Pace One and Pace Three, conducted by an independent financial advisor, regarding the estimation of