by the bondholders’ representative; (2) in the case where the collateral is immovable property or a long-term lease agreement, a valuation of such collateral by a valuation company listed in the SEC

sale and convertible bond. The immovable property for investment unchanged, the part of building and equipment was increased Baht 1.54 million. Intangible assets-net was decreased Baht 0.40 million

of the land are fair, reasonable and lower than the prices appraised by the independent appraiser, which are comparable to the market prices of immovable property in nearby areas. 9. Opinion of the

of the land are fair, reasonable and lower than the prices appraised by the independent appraiser, which are comparable to the market prices of immovable property in nearby areas. 9. Opinion of the

surpass the maturity date and being monitored by the bondholders’ representative; (2) in the case where the collateral is immovable property or 19 a long-term lease agreement, a valuation of such collateral

the collateral is not a financial instrument, such assets shall be located in Thailand and enforceable under relevant Thai law; (2) in the case where the collateral is immovable property or a long-term

financial instrument, such assets shall be located in Thailand and enforceable under relevant Thai law; (2) in the case where the collateral is immovable property or a long-term lease agreement, a valuation

prescribed in Clause 31. The term “business relationship” under Paragraph 1 shall include [i] any normal business transaction, [ii] rental or lease of immovable property, [iii] transaction relating to assets