in material matters and the SEC had called for clarifications several times.* Later, EARTH hired two more Indonesian appraisers and disclosed the appropriate values of both coal mines at
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
appraisers approved by the Office of the Securities and Exchange Commission in accordance with the Notification of the Securities and Exchange Commission No. Sor Chor 24/2012. The price for entering the
with factory building and office buildings for the production of products is comparable to similar areas nearby 2) the purchase price of machinery for production from 2 independent appraisers for
Criteria used to determine asset selling price is referred to the appraisal of the following 3 independent appraisers having the market approach as the method of valuation since it can be traded in property
assets appraised by two appraisers e.g. Bangkok Property Appraisal Co., Ltd. pursuant to its appraisal report on 15 May 2017 and Grand Asset Advisory Co., Ltd. pursuant to its appraisal report on 15 May
) details concerning appraisal of invested asset of the 2 appraisers e.g. value appraisal date, appraised value, appraisal method, name of asset appraisers; (d) expenses concerning investment in asset; (e) in
to the replacement price on appraisal reports of 2 independent appraisers at the price of 6.68 million Baht and 7.65 million Baht, they are higher than the price of the machinery in this transaction