Bangkok, April 18, 2014 ? The SEC urged shareholders of GOLD and UV to carefully study information on valuation of GOLD?s assets in a proposed related party transaction at the upcoming shareholders

compromising appropriate investor protection and convenience for business operation.The SEC therefore proposes to amend the regulations related to granting of approval to appraisal companies and lead

is Goodwill, that will be tested impairment at least on a yearly basis. The good will is the amount recorded from company valuation/appraisal from the purchase price allocation of ICE which the company

Criteria used to determine asset selling price is referred to the appraisal of the following 3 independent appraisers: Name of Appraisal Company Method of Valuation Appraisal Value Date of Valuation 1

Goodwill is the amount recorded from company valuation/appraisal from the purchase price allocation of ICE, (which completed restructuring on March 27, 2019). We have no concerns for the impairment of

Criteria used to determine asset selling price is referred to the appraisal of the following 3 independent appraisers having the market approach as the method of valuation since it can be traded in property

-lease and building lease agreements. All agreements follow the conditions for arm’s length transactions and negotiation between CPN (lessee) and CDS (Lessor). Reference is made to the valuation by S.L

the SEC) Valuation for accounting purposes on December 20, 2018 Government Land Appraisal Price : 28,605,000.00 Baht or 500,000.00 Baht/rai 5. Total value of the consideration, payment and payment

. Moreover, it saved time and cost of sourcing. 2. Criteria Used in Determining a Transaction’s Total Value The purchase price is agreed price between the parties. The price shall lower than the appraisal