procuring program rights and entered into a negotiation with the Company over the return of an outstanding amount of program rights and changed the entity who will be responsible for purchasing program rights

by the outstanding license fee. The residual compensation, after a deduction of license fee, equals to Baht 675.76 million. (3.2) Calculation of the transaction size The details of the calculation of

popularity due mainly to changes in people’s lifestyle as well as the shift in media consumption towards online and digital. In the past, people received their news, information and advertising mostly in their

the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company

from News Network Corporation Public Company Limited (“NEWS”), a shareholder in GNET at the purchase price of 865.30 Baht per share, totaling 164,403,759.95 Baht and the obligation to repay accrued debt

as well as conducting e-commerce business and online and offline advertising media, in the total number of shares not exceeding 120,808,387 shares equivalent to 33.05 percent of the total outstanding

asset in GNET by acquisition of all 189,997 ordinary shares in GNET, at the par value of Baht 100, or equivalent to 99.998 percent of the total number of sold shares of GNET, from News Network Corporation

result of the License return shall be deducted by the outstanding license fee. The residual compensation, after a deduction of license fee, equals to Baht 675.76 million. 3.2. Calculation of the

land for Baht 166.54 million. In March 2017, the Group had transferred the ownership of the land to the purchaser since the Group has already received the payments from the purchaser for the outstanding

transferred the ownership of the land to the purchaser since the Group has already received the payments from the purchaser for the outstanding amount. For the financial statement ended December 31, 2017, the