ordinary shares, as this method provides greater expense savings compared to selling the land. The Buyer has not been connected person under the Notification of The Board of Stock Market Regulator. According

11.9 percent from Baht 1,107.20 million in the 3 rd quarter of 2016. The decrease was from the recognition of lease receivable, in accordance with the Effective Interest Method. 2.4 Income Tax Expense

approach because this is the new project and under the construction. Therefore the cost approach is appropriate method to be applied because it consists of present land cost and construction expenses which

approach. The Company chooses to use the value measurement by cost approach because this is the new project and under the construction. Therefore the cost approach is appropriate method to be applied because

of Appraisal : Cost Approach Date of Appraisal : March 14, 2018 5. Share holding percentage of the companyior Prior to investment : none After investment : 32.37 % of the total issued and paid up

for the characteristics of assets in the form of land together with structures, namely, net replacement cost approach. This is because of such assets) characteristics, there is 2 sufficient market

, 2020 Cost Approach THB 62,150,000 2.The Valuation & Consultants Company Limited January 29, 2020 Cost Approach THB 63,826,896 Panjawattana Plastic PLC. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang

appraisal value which has been made by the independent valuators certified by the Securities and Exchange Commission named: 1. Advance Property And Consultant Co., Ltd. : using the cost approach with the

!)* - %&> - '- ' % '& &> "0 ก $ก ก.A&'*Hก )* H - *$&# (Cost approach ) )* 14 - 2561 5. >>(ก I$ ก(4 - $4 * 32.37% "* '* ก,0 *' &'%& "0 ก ("* 85 ) ! "#! ก % %& '( 1. "./% -0 '$ 2,751,655 32.37 2

increasing 48.52 million or 26.06%, cause by the Company had administrative expense increase of Baht 11.40 million which is mostly caused by the company closely monitor collection and accelerated disposal of