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Attachment 4 Information of Operating Asset and Assessment
lessee shall pay the lessor an amount equivalent to two months'
rent under this agreement, which totals Baht 1,454,000. The lessor
shall return the amount to the lessee without interest within 30 days
of the occurrence of one of the following two events:
(a) The contract ends and the lessee does not fail to comply with
the contract terms or
(b) Both parties enter into a contract for the sale of the Thaicom Teleport
& DTH Center land and buildings, and that ownership of the
aforementioned properties will be transferred to the buyer upon
completion of the sale. The lessor agrees not to charge the lessee with any
fees related to the transfer of ownership.
(3) Building Leasing Agreement of the SJ Infinite One Business Complex
The Company leases the buildings of the SJ Infinite One Business Complex, located at No. 349, Floor,
Vibhavadi-Rangsit Road, Chompol Sub-District, Chatuchak District, Bangkok Province from WHA
Business Complex Freehold and Leasehold Real Estate Investment Trust by KTAM to be used as its
business office located at 28th floor,, term of contract is 3 years with total contract value of Baht
8,026,560 (Baht 2,675,520 per year) and 29th floor, the term of the contract is 3 years with a total contract
value of Baht 8,100,432 (Baht 2,700,144 per year).
Summary of contract and obligations of the building lease on 28th floor and 29th floor:
Contract Name Building Leasing Agreement of the SJ Infinite One Business Complex
Party Name WHA Business Complex Freehold and Leasehold Real Estate Investment
Trust by KTAM
Term of Contract 3 years commencing on 1 March 2021 and expiring on 29 February 2024
th
Essence of the 1. The lessor agrees to lease the SJ Infinite One Business Complex, on 28
Contract Floor with a total area approximately 929 square meters
2. The lessor shall pay a monthly leasing fee of Baht 222,960 in advance,
due on the 5th day of each month. The initial fee for the first month of the
lease must be paid by March 1, 2021
3. At the end of the contract term, the lessor shall let the lessee further lease
the place for 3 years each time under the agreed terms and conditions
by giving prior written notice of not less than 6 months before the end of
the contract term. The lessor may increase the fee by 15% or according
to the economic conditions agreed by both parties.
4. In the event that the lessee fails to make a timely payment of the leasing
fee, the lessee agrees to pay an annual interest of 15% on the amount of
the overdue fee to the landlord.
5. The lessee shall deposit an amounting to Baht 668,880, to the lessor as
a guarantee for damages and compliance to the terms of the contract
with conditions as follows;
Attachment 4 Page 4

