that those personnel must be equipped with knowledge, capability and approved by the SEC. The business operators must apply necessary assessment procedures to ensure that their investment consultants

ของตนเองได้อย่างครบถ้วนและเป็นมาตรฐานเดียวกัน สำนักงานจึงได้จัดทำแบบประเมินตนเอง (Self-Assessment Questionnaire; SAQ)ในส่วนของเครื่องมือในการบริหารความเสี่ยงด้านการจัดการลงทุน เพื่อให้บริษัทจัดการกรอก

financing and creation of encumbrances, under Clause 17; (10) the asset appraisal, under Clause 18; (11) the related party transaction with the trust manager, under Clause 19; (12) the transactions with the

government’s environmental standard assessment. When compared to Q2/2017, Mogas/Dubai crack spread (UNL95/DB) increased by 1.93 $/BBL with respect to Mogas demand increment during summer in the U.S. and Asia

USD 3.21 million for withdrawal from the appraisal wells program in Gurita PSC. Q1/2018 performance compared to Q4/2017, the exploration and production business recorded an increase in revenue by THB 37

seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income approach. The Company chooses to use the value measurement by cost

Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing the lowest price from 2 independent appraisal companies from machineries

not lower than the price appraised by the independent appraisal. In this regard, on 14 October 2018 which was the last auction day, at the completion of the auction it was appeared that Lertsamartyotha

the lowest price from 2 independent appraisal companies, who are independent appraisers authorized by the SEC, from machineries evaluation as well as negotiation and agreement between the Parties. The

appraised price adjusted by any acquisition or disposal of infrastructure assets (if any) and amortization of the infrastructure asset (if any) occurred after the latest appraisal. If the payment for the