owned by the trustee having power to manage the asset thereof; (c) the REIT shall be managed by the trustee and the assigned REIT manager appointed by the trustee according to this trust instrument. The
MERCURIA with reference to the evaluation of asset of Origin Grand by an independent valuation firm under the Joint Venture Agreement and the Share Purchase Agreement. In this regard, after due consideration
calculating the value of Net Tangible Assets shall be subject to the mutual agreement between the Company and MERCURIA with reference par value of Origin Grand by an independent valuation firm under the Joint
company or the approved applicant soliciting or advising on the investment under Paragraph 1 shall be independent from the party selling, transferring, leasing out or granting the rights in the
portion decrease. And the impairment of the assets under construction amounting THB 998 million from the appraisal by independent appraiser. Loss on sale of long term investment (Other expenses in
impairment of the assets under construction amounting THB 998 million from the appraisal by independent appraiser. Loss on sale of long term investment (Other expenses in Separate FS) The Company received
Trust were appraised by two independent appraisers, namely, Bangkok Property Appraisal Company Limited and Grand Asset Advisory Co., Ltd. using the income approach-discounted cashflow, of which details
securities underwriting. Clause 5 A securities company shall set up a work unit responsible for custody of clients’ assets which is independent from a work unit responsible for securities trading (front office