Page 362 - 56-1 One Report 2022 EN
P. 362

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;








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