to be a tough year for KCE. The Company experienced a number of challenges, such as the slowdown in the world automotive market that caused a delayed startup of new projects in the current year
accounts for land acquisition and construction of staff house for employees of Phuket Fantasea Public Company Limited. The construction of Carnival Magic Project is based on the method of design & build
THB 548 million accounts for land acquisition and construction of staff house for employees of Phuket Fantasea Public Company Limited. The construction of Carnival Magic Project is based on the method
statements from cost method to equity method applying Thai Accounting Standard no.28 (TAS 28): Investments in Associates and Joint Ventures, 1 January 2020 retrospectively (full retrospective approach
appraisal company in the capital market and a principal appraiser approved by the Office of the Securities and Exchange Commission), i.e., Baht 24,290,000. The appraiser selected a valuation approach suitable
Company Limited (“Solaris”). The allowance is based on a conservative accounting approach. This amount can be reversed in the future if debt is repaid. Other reasons are as follow:- 1. Total revenue
as stated in this letter as Hemaraj was granted the loan on 28 September 2017. 4. Rules for fixing of total value of the transaction From the valuation approach of Gulf WHA MT by means of book value
Book Value Approach Details of the assessment of fair value under each method are as follows: 1) Book Value Approach Valuation based on this approach will show the value of the land by reference to the
value of the independent appraiser whom certified by the Securities and Exchange Commission of Thailand. The appraiser Name : Brent Joe Cosens Consulting Co.,Ltd. Method of valuation : Market comparison
warehouse is set from the market price - evaluated by The Valuation & Consultants Company Limited. Assessor The Valuation & Consultants Company Limited Method of Valuation Market Comparison Approach 6