Page 364 - 56-1 One Report 2022 EN
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Attachment 4 Information of Operating Asset and Assessment
2. The service receiver agrees to pay a service fee under this agreement at
a rate of Baht 334,440 per month, in advance within the fifth date of every
month. The fee for the first month shall be paid within 1 March 2021.
3. In the event that service receiver fails to make a timely payment of the
leasing fee, the service receiver agrees to pay an interest of 1.5% per
month on the amount of the overdue fee.
4. The service receiver shall deposit an amounting to Baht 1,003,320 to the
service provider as a guarantee for damages and compliance to the terms
of the contract with conditions as follows;
(a) The service receiver shall transfer the deposit amounting to Baht
939,107.52, which the service receiver had deposited according to
the Service Agreement on Public Utilities in Building No. WHABT
SA011/2018 dated 1 March 2018.
(b) The remaining deposit amounting to Baht 64,212.48 shall be paid to
the service provider by check within 30 days from the date of the
Agreement.
Contract Name Service Agreement on Public Utilities in 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 16 April 2022 and expiring on 15 April 2025
Essence of the 1. The service receiver agrees to enter to the Service Agreement of SJ Infinite
Contract One Business Complex on 29th floor on a 3-year term, the same as the
building leasing agreement.
2. The service receiver agrees to pay a service fee under this agreement at
a rate of Baht 337,518 per month, in advance within the fifth date of every
month. The fee for the first month shall be paid within 16 April 2022.
3. In the event that the service receiver fails to make a timely payment of
the leasing fee, the service receiver hereby agrees to pay an interest of
1.5% per month on the amount of the overdue fee.
4. The service receiver shall deposit an amounting to Baht 1,003,320 to the
service provider as a guarantee for damages and compliance to the
terms of the contract.
(5) The other lease agreement
The Company is negotiating with the relevant organisation to lease spaces within the promise located in
Nonthaburi province.
1.1.2 Property and Equipment
As at 31 December 2022, there are no obligations on the property and equipment as per the Company’s
consolidated financial statements. Net property and equipment consist of the following:
Attachment 4 Page 6

