, the Company will hold 100.00 percent of shares in NEXT and the paid-up capital of NEXT will be 100.00 million Baht. The Company expected that the share transfer will be completed within January 2020
point of USD 900-1,000 per night. SHR expects to start construction in 2020 and commercially open by 2022. 50% of share transfer of the joint venture company – Prime Location Management 3 Limited – has
shareholders of Aukkarawat are under negotiation on business issues to be defined in the agreement among shareholders. This is a condition precedent of the share transfer. Agreements in negotiation include such
power plant project, for the purpose of smooth transition and operation of the project, during the transition period which is 3 years from the completion date of share transfer. (2) The Seller agrees to
rights of each shareholders to 1 share per 1 voting right; (6) the amendment of the Articles of Association of JKR to restrict the share transfer or create any encumbrance over JKR shares unless a prior
plants in Japan, including delivery of share certificates and share transfer instruments. 6. Basis used to determine the value of consideration The value of consideration is derived from negotiation
million - 17 - and completion of restructuring plan for TSEO to hold 8 solar power plants in Japan, including delivery of share certificates and share transfer instruments. 6. Basis used to determine the
plants in Japan, including delivery of share certificates and share transfer instruments. 6. Basis used to determine the value of consideration According to the agreed price between the purchaser and the
for share transfer in order to determine the right to attend this meeting on 24 October 2017 (amendment per the resolutions of the Board of Directors' meeting No. 9/ 2017, held on 8 October 2017). Also
(approximately THB 2,762.96 million, using the exchange rate of 0.0013 THB/VND, based on average rate of commercial banks as published by Bank of Thailand on 7 August 2019). The share transfer was completed in end