offered price is higher than the fair value of THB 17.84 per share appraised by the independent financial advisor (IFA), by applying the discounted cash flow approach (DCF) or amounting to THB 132.02
investment policies on the subsidiaries and associates (for example, businesses to be invested by the Company). 4.3 In cases where the Company wishes to disclose the appraised price, for example, as a result
agreement. The asset owner shall be responsible for corporate income tax and specific business tax for such disposal. The proposed price is fixed from reference to the appraised value of the four items of the
. The asset owner shall be responsible for corporate income tax and specific business tax for such disposal. The proposed price is fixed from reference to the appraised value of the four items of the
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
appropriate to determine the fair price for disposal of such assets (the “Fair Price”) on a lump sum basis equal to the value appraised by the valuers, namely Global Asset Valuer Co., Ltd. and Agency for Real
considered from return on sub-leasehold and appraised value from 2 appraisers which are 15 Business Advisory Co., Ltd. and Nexus Property Consultants Co., Ltd. The appraised value is as follows: Appraiser as
% per annum, total amount of Baht 16.66 million as revenues from reduction of defaulted interest under the Appeal Court’s order and the case is under the execution to seize such land for sale by auction
letter to seize assets according to the process. At present, it is under investigation process to find the defendant’s assets. 1.2 Muse Group Bangkok Co., Ltd. is a debtor in the Hiring Contract for Golf
under the execution to seize such land for sale by auction. 2. Cost of sales In the year 2018, the cost of sales amount Baht 127.43 million, decrease of Baht 163.03 million or 56.13% compared to the last