Page 364 - 56-1 One Report 2022 EN
P. 364

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:







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