intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has been valued by a range of valuation methods including relative valuation as
(UNOFFICIAL TRANSLATION) (Updated 2015) 4. Certification of Leader of Audit Firm Date ........ Month ............ Year.......... To: Secretary-General Office of the Securities and Exchange Commission
that the auditor could not reach a conclusion on the valuation report of PACE’s equity investments in Pace One and Pace Three, conducted by an independent financial advisor, regarding the estimation of
million to THB 3,570 million is appropriate and beneficial to the Company and its subsidiaries in the long term. In addition, it will enhance the group companies’ competitive edge in becoming the leader in
): ................................................................. (..............................................................) Leader of the Audit Firm: ........................................... (Signature
’ qualified opinions resulted from limitation on their scope of audit/review. Hence, the auditors were unable to obtain sufficient and appropriate audit evidence with respect to valuation of investment in PT
. Matichon and its affiliated companies tried to find an opportunity to do business, especially becoming a leader in the digital media as well as the most popular news website in the country. However, the
. Matichon and its affiliated companies tried to find an opportunity to do business, especially becoming a leader in the digital media as well as the most popular news website in the country. The digital media
public accountant 2. Applicant’s biodata and details 3. Certification from the leader of the audit firm 4. The audit firm’s information and relevant details 5. The audit firm’s certification and consensus