at cost on acquisition date in March 2012, appraised by Modern Property Consultant Co., Ltd. who is independent appraiser approved by the SEC has determined the market price base on the way to compare

par value of preferred shares is 10 Indian Rupees per share 2.3. The management of the Company has appraised the share price of the Joint Venture Company by using the Discounted Cash Flow method (DCF

reasons as follow; 1) The price of official assessment yearly 2016-2019 is assessed from land allocation request with the name of City Plus Tepharak Project (“City Plus”) known as K.C. Park Ville Bangna

the buyer and seller. In which the seller determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value

determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value of 21,968,086.63 (Book value 20,530,922.08 and

land from Mr. Niphon charoenkij Director of KCM at appraisal value of 3.09 MB, which was assessed by SEC listed appraisal company in capital market. This transaction is the Company’s related party

, 2017, the company, during Q2 2017, has assessed and reviewed the accounting policy and changed the valuation method from cost method to fair value method of land, land improvements, office condominium

transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company and considers it appropriate to purchase this land with building

transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company. 10. Opinion of the Audit Committee and/or Directors on the

borrowing Baht 89.42 million in order to settle loans form its former director. The Company assessed the fair values of identifiable assets acquired and liabilities assume at the acquisition date in the