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: - Translation
promissory note, drawer of bill of exchange or deposit taker under Paragraph 2 is a bank established under specific law, the issuer rating under Paragraph 2 shall include support credit rating assessed by the
Paragraph 2 is a bank established under specific law, the issuer rating under Paragraph 2 shall include support credit rating assessed by the credit rating agency from the possibility for the bank to receive
and expertise in estimation of expenses in maintenance of the metro system, to serve as an independent consulting engineer in appraisal of appropriate value of work. Having inspected and appraised the
inspected and appraised the price, InfraAsia was of the view that the price was reasonable for the maintenance services on civil infrastructure and E&M Systems, as follows: 1. The maintenance services on
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
nor significantly different from the average values of the land assessed by an independent appraiser approved by the SEC. An appraiser is Ultima Appraisal Company Limited, who made an assessment on 3
) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than nor significantly different from the average values of the land assessed by an independent appraiser