Transaction The Company received Baht 42 million (“forty-two million baht”) Terms of payment within 75 days from the date of signing the contract. 4. Benefits expected to be generated as the result of the
; Providing the short-term property rental (1-year contract) The meeting resolved to approve providing the short-term property rental to Inoac (Thailand) Company Limited. Such a transaction is also considered
, 24th Floor Rama IV Rd., Kwang Tungmahamek, Khet Sathorn, Bangkok 10120 Size : 692.50 square meters Period : 6 years the rental contract was retroactively effective from August 1st, 2019 to July 31st
of Asset Asset : Office space Location : 1168/68 - 69 Lumpini Tower Floor24 RamaIV Road, KwangTungmahamek, KhetSatorn Bangkok 10120 Size : 692.50 square meter Period : 6 years the rental contract was
offering to fund new construction projects, which are still in the contract drafting and negotiation stages, introduces uncertainty. Therefore, they cannot comment on the appropriateness and reasonableness
statements Standalone financial statements 2018 2017 2018 2017 Transactions with subsidiaries (eliminated from the consolidated financial statements) Rental income from billboards - - 1,435 3,613 Contract rate
view that the acquisition of ordinary shares of COMASS is reasonable and be the utmost benefit of the Company where the Company will have absolute control over the operation of COMASS resulting in the
Contract Seller: Cal-Comp Electronics (Thailand) PCL. (“CCET”) Buyer: Kinpo Electronics (Philippines) Inc. (“KPPH”) Type of fixed asset 2 sets of custom made industrial computer and controller set 5 years of
and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for