approved by the SEC. An appraiser is Ultima Appraisal Company Limited, who made an assessment on 3 August, 2017. The cost of Assessment is 123,800,000 Baht. The transaction is categorized as a connected
according to criteria for assets appraisal with Replacement Cost method. 8. Benefit Expected to Gain by the Company The Company expects such Franchise acquisition shall enable to generate income and profit to
Value of the Return Consider by calculation according to criteria for assets appraisal with Replacement Cost method. 8. Benefit Expected to Gain by the Company The Company expects such Franchise
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
1,699,998 shares in the amount of 348,567,548 Baht (average 205.04 Baht per share). The appraisal price of 347,490,000 Baht is the average price of the fair value evaluated by the financial advisor (who is
762,160,000 baht (according to the appraisal report of Sasirachada Company Limited on 1 October 2019.) 6. Source of Funding Internal Working Capital 7. Valuation of the investment Par value of ordinary shares
Province and expected to open in 2021. With the value of land and buildings Assessed by the valuation method in the amount of 762,160,000 baht (according to the appraisal report of Sasirachada Company
San Sai district, Chiang Mai Province and expected to open in 2021. With the value of land and buildings Assessed by the valuation method in the amount of 762,160,000 baht (according to the appraisal
independent appraisal firm, rewarded by SEC and service fee was comparable to the market value. There is no sign of transfer benefit between related parties while there was the resolution from the Audit
made an allowance for the value of land awaiting development amounting to 91.33 million baht from the difference from the appraisal value compared to the acquired value. Page 3 of 3 4. Financial costs of