financing and creation of encumbrances, under Clause 17; (10) the asset appraisal, under Clause 18; (11) the related party transaction with the trust manager, under Clause 19; (12) the transactions with the
decreased by THB 167 million or 5.7 percent from last year. In addition, company had acknowledged of the past service cost for employee benefit in accordance with the Labor Protection Act ( No. 7) B. E. 2562
seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income approach. The Company chooses to use the value measurement by cost
Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing the lowest price from 2 independent appraisal companies from machineries
not lower than the price appraised by the independent appraisal. In this regard, on 14 October 2018 which was the last auction day, at the completion of the auction it was appeared that Lertsamartyotha
Constructions in the rental area of Miami Bangpu Project, which the estimated values are Baht 466 Million. (The Appraisal is estimated by Altima Appraisal Company Ltd.,) 4 Total Value and Valuation criteria of
(same as the value appraisal). The objective of assessment in order to consider acquiring the asset. Assessor The Valuation & Consultants Company Limited Method of Valuation Market Comparison Approach The
the lowest price from 2 independent appraisal companies, who are independent appraisers authorized by the SEC, from machineries evaluation as well as negotiation and agreement between the Parties. The
entitled to use such trademark covering the protection period of each relevant trademarks. The seller shall be responsible for all expenses with respect to the process of registration of the said trademarks
related business (Section 22) Other related business Licensing / Registered Capital / Fees Business Conduct Securities Lending / Credit Balance (Section 102) Protection of Customer Assets (Section 98(3