company Lessee : Vanachai Panel Industries Co., Ltd. a subsidiary company Lessor : Doctorwood Co., Ltd. some shareholders and directors of VNG are also Doctorwood of shareholders and directors 3. The
2. The parties involved: Name Relationship with the company Lessee : Vanachai Group Plc. - Lessor : Firstwood Co., Ltd. some shareholders and directors of VNG are also the Firstwood of shareholders
Firstwood Co., Ltd (related company). Transaction details are follows as: 1. The date on which the transaction occurred: 1 July 2020 2. The parties involved: Name Relationship with the company Lessee
Company Limited (related company). Transaction details are follow as: 1. The date on which the transaction occurred: 1 July 2020 2. The parties involved: Name Relationship with the company Lessee : Vanachai
registration date with an incremental of not more than 10% every 3 years. The total amount payable in 30 years of lease is then not exceed the amount of Baht 47,812,275. It is the intention of the lessee to
last year, which was mainly due to the declining of tenant income from declining of traffic. In addition, the Company still provided discount to support some tenants case by case. 3. Revenue from
“Leasing” (TFRS16) in 2020. It requires the renter to recognize assets and liabilities for every lease with a lease period of more than 12 months, unless the underlying asset is low. - 6 - Equipment for
the lessee without purchasing the asset, except for the penalty arising from the early termination; (c) any other liabilities as stipulated by the SEC Office. (2) other off-balance sheet’s contingent
shareholders’ equity of the securities company; (b) financing lease which is under the condition allowing for early termination of lease by the securities company as the lessee without purchasing the asset
shareholders’ equity of the securities company; (b) financing lease which is under the condition allowing for early termination of lease by the securities company as the lessee without purchasing the asset