................................................................................................................................................
Parties with Potential Conflict/ Nature of Transaction
6. Mr. Udomsak Chakreyavanich / - Authorized director and management of Asia Plus Securities Plc., the shareholder and the related company of the Companyûs major shareholder.
7. My Funding Corporation / - Have the same major shareholder and directors, i.e. major related shareholder is Chailease Finance Co., Ltd., holding 100 percent shares in My Funding Corporation and related directors are Mr. Koo, John-Lee (resigned in March 2005) and Mr. Huang, Cheng-Ming.
Type of Transaction
Value of Connected Transaction Reason and Necessity of the for the Period Ended (ù000 Baht) Connected Transaction / Remark 31st December 31st December 2006 2005 The Company issued promissory - Audit Committee and/or independent note of no greater than 3-month director have reviewed and considered maturity for short-term borrowing to this item and provided opinion that support working capital. The interest interest rate charged is similar to the rate was charged according to the market rate and deemed reasonable market rate. in the ordinary course of business. 1. Short-term loan 45,000.00 2. Accrued interest expense 5.68 3. Interest expense 1,121.03 1,035.47 Prepaid asset and obligation of the - Audit Committee and/or independent Company and its subsidiary incurred director have reviewed and considered from computer software development this item. Value of such contract is contract valued US$ 615,385 million consistent with the agreement made (approximate Baht 25.31 million) a and deemed reasonable in the the Companyûs portion of US$ ordinary course of business. 492,308 (approximate Baht 20.25 million) and its subsidiaryûs portion of US$ 123,077 (approximate Baht 5.06 million)
1. Prepaid asset 2. Obligation 8. Chailease Finance Co., Ltd. / Advisory fee from internal audit, fund - Major shareholder of the raising and management services to Company with 37.43 percent the Company and its subsidiary, shareholding (previously the including guarantee fee for loans the major shareholder of the Company borrowed from other Subsidiary but after the financial institutions. restructuring of shareholding structure in May 2004, Chailease Finance Co., Ltd. becomes the Companyûs shareholder). 1. Advisory and management fee 2. Guarantee fee 3. Accrued guarantee fee
17,712.30 6,688.77
17,712.30 7,601.47 - Audit Committee and/or independent director have reviewed and considered this item and provided opinion that the values are market price and comparable with asset size and servicesû reference. Value of such contract is consistent with the agreement made and deemed reasonable in the ordinary course of business.
5,285.38 5,285.38
3,529.41 765.59 765.59
105