baht, and subsequently resold those shares to CMO for 65 million baht, a price significantly higher than the actual market value, causing damage to the company. In addition, the aforementioned act of Mr
liquidity and to reduce the financial burden. The selling value is 40.48 % when compares to total assets from company consolidated statements. (Market Value 70,370,000.00 x 100 divided by total assets as at
Shareholders No. 1/2018, held on 28 February 2018, whereby the “basis price” used for the tender is Baht 14.84 million, which is the price close to the appraised market value. The Company has attempted to
of intangible assets and goodwill At the end of year 2019, the Company hired independent appraiser to value the investments in subsidiaries and found that fair market value of Bake Cheese Tart
with the market value and the forced sale value of Land and Buildings Enclosure Page 5 that are appraised by Prospec Appraisal Company Limited, which is a valuer approved by the SEC. The value of
market value, during the beginning of the year 2018, the Company asked for approval of the disposal of Land and Buildings from the Extraordinary General Meeting of Shareholders No. 1/2018 held on 28
of Land and Buildings that are appraised by Prospec Appraisal Company Limited, which is a valuer approved by the SEC. The value of the consideration falls into a range between the market value and the
55,000,000 shares 1.2 The determination of the offering price and the market price The Company considers the appropriate of the offering price based on financial position, performance, Book Value per share