consideration value is from negotiation and agreement between the Parties by using the rental rate equal to the contract that leases adjacent areas and close to the rental rate in Bangpoo Industrial Estate area
office buildings and the Machinery purchase agreement with Golden Arrow Coating Co., Ltd. of which Mr. Arkran Termritikulchai and Mr. Pasithphol Termritikulchai who are its Directors and are sons of Mr
, or their close relatives during the past six months, before the date of these two aforementioned transactions. Therefore, the total size of transactions (i.e. Master Service Agreement and Page 3 from 4
month, totaling Baht 14,400 per month, is deemed to be justifiable in comparison with the market rate in adjacent areas, and remains at the same rate as that under the existing agreement (lease term from
fee not exceeding the average rent and service fee of office buildings around the nearby area. 4. Total Transaction Value The total value of the Office Lease Agreement is Baht 58,200 per month or
neighborhood, which is adjacent to the current office, not to mention the unavailability of sufficient space in other nearby office buildings. Furthermore, the characteristics of the building also serves to
office space lease agreement with PA Management and Consultant Company Limited (“PAM”), The term of the contract is 6 months from November 24, 2017 to May 23, 2018. Compensation to be paid up until the
buildings and the Machinery purchase agreement with Golden Arrow Coating Co., Ltd. of which Mr. Arkran Termritikulchai and Mr. Pasithphol Termritikulchai who are its Directors and are sons of Mr. Prachnon
-9320 Ref: PLC 2017/015 September 25, 2017 Subject: Disclosure of Connected Transaction Information Regarding Renew land rental agreement To: The President of the Stock Exchange of Thailand Panjawattana
-9320 Ref: PLC 2020/002 February 3, 2020 Subject: Disclosure of Connected Transaction Information Regarding Area rental agreement To: The President of the Stock Exchange of Thailand Panjawattana Plastic