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

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

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

Thai SEC’s approach to enhancing fundraising through digital tokens and adoption of innovation in digital asset businesses. Additionally, she exchanged views and experiences in promoting 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

. Assessor The Valuation & Consultants Company Limited Method of Valuation Market Comparison Approach 6. Transaction Volume 6.1 The above transaction is conformed to the related transaction which is the common

., Ltd. Method of Valuation : Market Comparison Approach - 2 - 6. Transaction Volume 6.1 The above transaction is conformed to related transaction which is the transaction in property leasing for not more

Valuation & Consultants Co., Ltd. Method of Valuation : Market Comparison Approach - 2 - 6. Transaction Volume: 6.1 The above transaction is conformed to related transaction which is the transaction in

service of warehouse amount 1,611,000 Baht per month. 4.2.2 Paying monthly service of loading up and loading down of goods and lifting of container of goods amount 2,000,000 Baht per month. - 2 - 5. Method