. Opinion of the Board of Directors on the entry into the transaction The Board of Directors’ meeting No. 3/2018 held on 25 April 2018, considered that the transaction is reasonable and beneficial to the
rising cost of land becomes a major risk for operating a real estate business. Additionally, the difficulty of finding a good location of land with reasonable price point in central Bangkok has arisen
investment in property development company which has potential growth. In addition, the transaction has reasonable conditions of Leyland’s shares acquisition and the purchase price is below the appraisal price
Interested Directors) was of the view that such transaction to offer the financial assistance is reasonable and would directly benefit the Company. Furthermore, the loan interest rate on this transaction is
Board of Directors (not including the Interested Directors) was of the view that such transaction to offer the financial assistance is reasonable and would directly benefit the Company. Furthermore, the
of Directors and Audit Committee The Board of Directors and the 3-member Audit Committee took the view that this transaction is reasonable because the transaction will enhance the stability of CAZ and
risk for operating a real estate business. Additionally, the difficulty of finding a good location of land with reasonable price point in central Bangkok has arisen. With regarding to the competition
increased 3.6% from 2015. Debt to Equity ratio of 0.42 times in 2017, dropped from 2016 and 2015 of 0.45 times and 0.43 times, respectively, the level at which signified reasonable capital structure and low
to the work unit responsible for post-trade operation within a reasonable period of time in order for the securities company to acknowledge and be able to report the result of securities trading in
operation within a reasonable period of time in order for the securities company to acknowledge and be able to report the result of securities trading in accordance with the relevant rules and for the work