that the said determination of the minimum offering price is appropriate for the Company to be able to dispose the assets at the price consistent with the market and industry conditions in the economic
offering price is appropriate for the Company to be able to dispose the assets at the price consistent with the market and industry conditions in the economic downturn. Moreover, the selling price is higher
and distribution, which typically have a consistent cash flow, as it appropriately reflects the nature and capabilities of the business operations of such company while taking into account the Company’s
widely used basis for determining the value of companies engaging in the business of power generation and distribution, which typically have a consistent cash flow, as it appropriately reflects the nature
and beverages in 2019 in compliance with TFRS 15, consistent with the revenue from food center services. In 1Q20, the Company reported costs of food center services at THB 91 mn, equal to the same
center services The Company has amended the recognition of cost of food and beverages in 2019 in compliance with TFRS 15, consistent with the revenue from food center services. In 2Q20, the Company
Company has amended the recognition of cost of food and beverages in 2019 in compliance with TFRS 15, consistent with the revenue from food center services. In 2Q20, the Company reported costs of food
consider approving the entering into such transaction. 3.3. Rationale and background of the transaction Due to the policy decisions by the former management of the company last year 2014 in the auction of
87,000,000 shares at par value of 0.50 Baht or 50% of IPO (174,000,000 shares) Spin-off Plan is consistent to UAC Plan by growing UAPC with business competency, strong financial position and being able to