disposition of assets, the Company has appointed two assets appraisal which was approved by the SEC to conduct the valuation of such assets to be the base price. The Company also conduct the bidding the process
based on the appraisal of Bangkok Property Appraisal Company Limited on 27 October 2017 and Chartered Valuation and Consultant Company Limited on 11 October 2017, who are appraisers on the approved list
Valuation for public purpose Valuation for market value and public purpose Appraisal Approach Income Approach Income Approach Date of Appraisal July 1, 2019 June 28, 2019 Appraised Value Baht 95,640,000 Baht
between the Company and debenture creditors, compared with the market value of Machines that appraised by Rich Appraisal Co., Ltd. the appraiser who is approved by the SEC, with an assessment for public
term from negotiation between the Company and the debenture creditors, together with the valuation of machines by an appraiser who has been approved by the Securities and Exchange Commission (the "SEC
jurisdictions around the world. They are also one of the Financial Stability Board’s Key Standards for Sound Financial Systems and provide the basis for assessment of the corporate governance component of the
the appraisal data from 2 independent property appraisers registered with the SEC as follows: Subject KK Valuation Co., Ltd Bangkok Valuation and Consultant Co., Ltd Asset Type Leasehold right of
area of 182-3-90 rai, value according to the appraisal value by Altima Appraisal Company Limited, which is an asset appraisal company approved by the SEC Office of Baht 415.45 million, guaranteeing such
producing machine (Used for producing plastic sack). The details are as follows: No. Machine Amount Book value * (Baht) Appraisal value ** (Baht) 1 plastic fabric producing machine 1 10,718114.32 7,870,000 2
sell plastic fabric producing machine (Used for producing plastic sack). The details are as follows: No. Machine Amount Book value * (Baht) Appraisal value ** (Baht) 1 plastic fabric producing machine 1