the Stock Exchange of Thailand ( the “SET” ) so the Company does not have a market price as a reference and the price determined by institutional investors through the book building method is not
as commercial banks are expected to maintain a cautious stance in their business operations, especially through a proactive approach in asset quality management. Over the short term, however, they may
accordance with the market price and higher than the appraisal price. - Benefit : The Company will allocate the proceed from the land sale to repay the Company's loan to a financial institution and use it as
to the accounting standards as specified by a professional institution approved by relevant government authorities and in accordance with additional regulations specified in the notification of the SEC.
appraisal price. - Benefit : The Company will allocate the proceed from the land sale to repay the Company's loan to a financial institution and use it as working capital within the Company. This transaction
granting of such approval shall be in accordance with the rules, conditions and procedures as specified by the SEC. The establishment of a branch office of a financial institution established in accordance
Leyland which has an estimated value at THB 388.32 million based on Adjusted Book Approach method (Book value as of December 31, 2017 is THB 213.55 million) which was appraised by Phet Siam Appraisal
Adjusted Book Approach method (Book value as of December 31, 2017 is THB 213.55 million) which was appraised by Phet Siam Appraisal Company Limited, an independent appraiser approved by the Securities and
currently traded in the Stock Exchange of Thailand ( the “SET” ) so the Company does not have a market price as a reference and the price determined by institutional investors through the book building method