the fact that the Company has considered the value of Hero Experience which evaluated by the independent valuer that it should be equal to Baht 2,616,000,000 (please see the details in Clause 8 Re

evaluated by the independent valuer, the Sims Property Consultant Co., Ltd., the independent valuer which is approved by the Securities and Exchange Commission, that it should be equal to Baht 2,616,000,000

, 2017 for the principle and plan to offer the selling price of not less than Baht 190 million. The consideration is based on the highest value appraised and reviewed by three (3) independent appraisers

, which was not less than the market value of the leasehold rights of THB 119.30 million as appraised by N&A Appraisal Company Limited, an appraisal company that had been approved by the Office of the

cost (THB 95.08 million as of September 30,2017) and not less than the market value of the leasehold rights of THB 119.30 million as appraised by N&A Appraisal Company Limited, an Encloser Page 3

an average price appraised by independent appraisers or total amount of Baht 924,900,000.-. The purchaser agrees to make payment into 3 installments to the seller under the following term of payment

Consultant Company Limited on 11 October 2017, who are appraisers on the approved list of the SEC. They have appraised each plot as follows; Title deed number 72763 : 45,000 Baht per Square Wah. Title deed

, the credit rating shall include the support credit rating assessed by the credit rating agency based on the tendency that such bank shall receive financial aids from the government if necessary. Clause

rating shall include the support credit rating assessed by the credit rating agency based on the tendency that such bank shall receive financial aids from the government if necessary. Clause 7 The

management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in