ANNUAL REPORT 2007 รายà¸à¸²à¸à¸à¸£à¸°à¸à¸³à¸à¸µ - IR Plus
ANNUAL REPORT 2007 รายà¸à¸²à¸à¸à¸£à¸°à¸à¸³à¸à¸µ - IR Plus
ANNUAL REPORT 2007 รายà¸à¸²à¸à¸à¸£à¸°à¸à¸³à¸à¸µ - IR Plus
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Related Transactions between the Company and its related persons<br />
• Ms. Thanisorn Tincharoenset<br />
Spouse of the Director of the Company’s subsidiaries.<br />
Transaction Details of Transaction<br />
Rental Expenses - Land<br />
and office building<br />
S.E.C. Exclusive Car Co., Ltd.,<br />
the Company’s subsidiary has<br />
rent land and office building<br />
from Ms. Thanisorn<br />
Tincharoenset to use as the<br />
Company’s showroom and car<br />
service center of Ratchyothin<br />
Branch<br />
Value (million baht)<br />
Year 2006 Year <strong>2007</strong><br />
Necessity and appropriateness of transactions<br />
1.61 1.87 S.E.C. Exclusive Car Co., Ltd. and Ms. Thanisorn<br />
Tincharoenset has entered into a lease agreement for land<br />
and office building on land title deed no. 70526, 39768,<br />
39779 and 39780 and 2 nd floor and 4 floor of office building<br />
located at 130/1 Soi Ratchdapisek Road, Chatuchak,<br />
Bangkok on land title deed no. 39768 and 39779 to use as<br />
the Ratchyothin Branch showroom and car services center<br />
for 9 years ended 31st March 2015 at rental rate of Baht<br />
140,000 per month from April 1,2006 to March 31, <strong>2007</strong> and<br />
Baht 158,000 per month from April 1,<strong>2007</strong> to March 31,2008<br />
or at Baht 170 – 190 per sq.m. per month given that the<br />
rental rate in the area is around Baht 200-350 per sq.m. per<br />
month.<br />
147
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