Service With Passion Service With Passion ................................................................................................................................................................................................................................................................ Service With Passion
Parties with Potential Conflict / Nature of Transaction 1. Bangkok Bank Public Company Limited / - Hold 7.35 percent of the Company没s shares as at January 2, 2008.
2. Bangkok Insurance Public Company Limited / - Hold 0.96 percent of the Company没s shares as at January 2, 2008. 3. Mr. Jatupat Kuptavanichkul or Mr. Jeffrey L.S. Koo (Other related person) / - The founder of Koo Group.
106
Type of Transaction
Value of Connected Transaction for the Period Ended (霉000 Baht) December December 31, 2007 31, 2006
Savings and current deposit at bank, bank overdraft, short and long-term loan, aval fee of the Company and its subsidiary for working capital and business expansion 1. Savings and current deposit 35,038.47 2. Bank overdraft 75,941.89 3. Short-term loan 2,260,000.00 4. Long-term loan 1,400,000.00 5. Accrued interest expense 7,256.97 6. Interest expense 146,718.13 7. Aval fee 904.93 8. Pre-paid aval fee 249.04 Short-term loan of the Subsidiary for working capital with the interest charged according to the market rate 1. Short-term loan 60,000.00 2. Interest expense 2,277.95 Long-term loan, accrued interest expense and interest expense of the Subsidiary with the interest charged according to the market rate 1. Long-term loan 2. Accrued interest expense 3. Interest expense 1,193.11
Reason and Necessity of the Connected Transaction / Remark - Audit Committee have reviewed and considered this item and provided opinion that interest rate charged is similar to the market rate and deemed reasonable in the ordinary course of business.
47,382.73 89,439.44 1,525,000.00 1,000,000.00 4,657.80 178,611.44 904.93 246.57
60,000.00 2,446.36
70,000.00 244.94 2,884.00
- Audit Committee have reviewed and considered this item and provided opinion that interest rate charged is similar to the market rate and deemed reasonable in the ordinary course of business. - Audit Committee have reviewed and considered this item and provided opinion that interest rate charged is similar to the market rate and deemed reasonable in the ordinary course of business.