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

, conducted by an independent financial advisor, regarding the estimation of income of the Observation Deck on the MahaNakhon Project. The valuation relies on assumptions and forecasted numbers. PACE then used

gross margin was in deficit due to an adjustment to the estimated construction cost of Baht 25.26 million since the forecasted estimation of materials was lower than the actual one. In addition, due to

and equivalent to the gross margin of -48.36 % and 0.38 %, respectively. This was in line with the additional adjustment to the estimated construction cost since the forecasted estimation was lower than

value of land, constructions and equipments for estimation of such assets? recoverable value. In addition, the auditor was not satisfied using other auditing methods on the value of the said assets. The

forecasted that the demand and supply of steel will increase in the future. Management’s Discussion and Analysis (MD&A) for year 2017 6 The world steel production capacity utilization ratio swung between 67.6

a long-term agreement. It is forecasted that the demand and supply of steel will increase in the future. Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 6 The world steel

recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has made a long-term agreement. It is forecasted that the demand and supply of

made a long-term agreement. It is forecasted that the demand and supply of steel will increase in the future. Remarks: 1. For antitrust reasons, worldsteel no longer produces a monthly global capacity

number of shares reserved for conversion of all debentures offered, assumption on estimation of the conversion price, if set as a formula calculable on future price of shares, opinion of board of directors