plan to develop or use such land in the future. 2. The Company is able to recognize profit from the disposition of this asset. The sale of this land to SPI is valued at THB 924.90 million enabling the

transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company and considers it appropriate to purchase this land with building

the buyer and seller. In which the seller determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value

determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value of 21,968,086.63 (Book value 20,530,922.08 and

transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company. 10. Opinion of the Audit Committee and/or Directors on the

value appraised by the financial advisor (KT ZMICO Securities Company Limited) and asset appraiser (Prospec Appraisal Co., Ltd.) , and fix the base price for sale of land and constructions at the value

at cost on acquisition date in March 2012, appraised by Modern Property Consultant Co., Ltd. who is independent appraiser approved by the SEC has determined the market price base on the way to compare

par value of preferred shares is 10 Indian Rupees per share 2.3. The management of the Company has appraised the share price of the Joint Venture Company by using the Discounted Cash Flow method (DCF

Tax B.E. 2508 ( 1965) . The Land and Building Tax Act impose tax on owners of land and buildings and specifies maximum tax rates to be applied based on the value of the asset as appraised by the

disposed asset is located in the vicinity of Charan Sanit Wong Road, Bangkok, totaling 21 rais, 3 ngan, 45.3 square wa. The value of such land as appraised on May 22, 2017 by T.A. Management Corporation