ยูในชวงปลายของวัฏจักร ในสวนของผลกระทบตอตลาดหุน สามารถแบงออกเปน 2 สวน ดังนี้ 1) Valuation หรือคา Forward P/E ซ่ึงถูกกดดันผานนโยบาย การเงินที่เขมงวดข้ึน และ 2) คาดการณกําไรบริษัทจดทะเบียน

has progress in sales as follows. area (Rai-Ngan-Wah) height (floor) unit progress 12 June, 2015 31 May, 2016 31 May, 2017 Phase 1 1-3-89 8 141 Reservations 115 rooms Empty 16 rooms Sold 96 rooms

monitoring and evaluation of the relevance of the risks and resilience measures and related adjustments to those measures will be taken. M2: No clearing of woody vegetation over 3 metres in height after 2020

Criteria used to determine asset selling price is referred to the appraisal of the following 3 independent appraisers: Name of Appraisal Company Method of Valuation Appraisal Value Date of Valuation 1

the condition that a due diligence and feasibility study of the project and valuation of shares are being satisfied and there must be no material adverse effect to the financial conditions and operation

Thai restaurants. 5. Total Value of Consideration 5.1 Total Value of Consideration and Valuation Method for the Determination of the Value of Consideration The total value of consideration of the

significantly effects on the level of debt usage. Thus, the non-debt tax shield level (NDT variable) could effect on the valuation of the firm. Variable and Model Development (Cont’) Page 18/40 Variable and Model

, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 The Company has engaged valuers to prepare valuation reports on such assets. The Board of Directors has considered such valuation and deemed it

strategy is the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the

the key tool for this industry. According to performance loss and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company. In 2017, the Company has