(Solaris) decreased. The Company recognized share of profit from associated companies under equity method decreased of Baht 69.74 million due to:- - The Company recognized share of profit from operating
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
Adjusted Book Approach method (Book value as of December 31, 2017 is THB 213.55 million) which was appraised by Phet Siam Appraisal Company Limited, an independent appraiser approved by the Securities and
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
twenty- nine satang) per share or THB 198,959,983.42 (one hundred ninety-eight million nine hundred fifty-nine thousand nine hundred and eighty-three Baht and forty-two satang) in total; 2. 1,593,748
financial advisor of the Company viewed that the net present value (NPV) approach is the most suitable approach for the valuation because such method reflects business operation plan, profitability and growth
Shareholders’ Meeting for consideration of approval of dividend payment to the shareholders at the rate of Baht 0.07 per share, which is not exceeding the total amount of Baht 40,185,596.15. The dividend payment
in market capitalization approach in share listing, Thai medium-sized firms operating in the targeted industries under the BCG model as well as large foreign firms that create economic benefits to
identify the applicable share swap ratio for the Transaction, and may subject to the situation from time to time; 1. Discounted Cash Flow Method (“DCF”) • The discounted cash flow method will be applied to