relation to reasonableness of the connected transaction and fairness of valuation and conditions of the Transaction for shareholders’ approval including submit such opinion to the SEC Office and the Stock

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

valuate the land again. The valuation is expected to be completed in June 1028. However, if valuated price is lower than 165,000,000 Baht, the condition precedents of share purchase agreement between

’ 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

Buri Province, area 57,0,84 rais Valuation Method for Selling Price : Mutually agreed market price Selling Value : 38,800,000.00 Baht or 678,200.00 Baht/rai Book Value : 70,370,000.00 Baht or

, Amphur Kabin Buri, Prachin Buri Province, area 57,0,84 rais Valuation Method for Selling Price : Mutually agreed market price Selling Value : 38,800,000.00 Baht or 678,200.00 Baht/rai Book Value

( Is a capital market valuation and major appraiser approved by the Securities and Exchange Commission.) . The assessors use the market valuation Approaches to Asset Characteristics Asset Valuation (Both

1,491,240 Baht per month. 5. Method use in calculation of value: The rental rate base on the fair market value that valuation by The Valuation & Consultants Co., Ltd. Assessor : The Valuation & Consultants Co

monthly rental at 430,000 Baht per month. 5. Method use in calculation of value: The rental rate base on the fair market value that valuation by The Valuation & Consultants Co., Ltd. Assessor : The

use in calculation of value: The rental rate base on the fair market value that valuation by The Valuation & Consultants Co., Ltd. Assessor The Valuation & Consultants Company Limited Method of