support the reasonableness of the assumptions used in the fair value measurement of the observation decks as planned. PACE thus requested another deadline extension to 31 January 2018. If the results of the
Building Confidence in the Capital Market No. 115/2017 SEC notifies PACE to clarify the fair value measurement of its investment Bangkok, 16 November 2017 – The SEC has notified Pace Development
of PP1 (Hotel) and PP3 (Observation Deck and Retail Cube) in MahaNakhon Project; having the total value of not exceeding THB 12,617 million (In calculating the size of the transaction, the value of
the operation of PP1 (Hotel) and PP3 (Observation Deck and Retail Cube) in the MahaNakhon Project; having the total value of not exceeding 12,617 million Baht. (b) Disposition of land that is jointly
, sculpture and artworks, licenses and contracts which are relevant to the operation of PP1 (Hotel) and PP3 (Observation Deck and Retail Cube) in the MahaNakhon Project; having the total value of not exceeding
(SETLink) by 10 February 2025. The SEC had an observation on the reasonableness and appropriateness of the assumptions used in calculating the recoverable amount for considering the impairment loss of assets
; decreasing 33% as compared to the end of the year 2017 of 32,423 million Baht. This was mainly due to the transfer of residences totaling of 3,214 million Baht, and disposition of the hotel, Observation Deck
equipment which are at the price not exceeding 170,000,000 Baht and 108,000,000 Baht respectively. Total value of the investment is at the price not exceeding 480,000,000 Baht, increasing 130,000,000 Baht
Notification of the Office of the Securities and Exchange Commission No. SorNor. 12/2545 Re: Determination of Rules and Procedures for Actions by Management Companies against Incorrect Value of Investment Units
Commission Notification of the Office of the Securities and Exchange Commission No. SorNor. 12/2545 Re: Determination of Rules and Procedures for Actions by Management Companies against Incorrect Value of