Page 119 - Mono Technology Public Company Limited : Annual Report 2014 EN
P. 119
The Company and subsidiaries related party transactions that can be categorized as normal business,
with fair trading conditions:
1. Normal business, with general trading conditions:
Value
Connected Company Transactions (Million Baht) Necessity and Appropriateness/
As of December 31, Opinion of Audit Committee
2014
1. Triple T Sales and service
Broadband income
Public The Company provided 10.55 The said service is a normal business
Company corporate SMS to TTTBB transaction similar to the service offered
Limited customers according to to other corporate customers. The
the volume and telephone Company has capable personnel,
numbers under its service. efficient equipment and expertise
for offering service and the price is
comparable with the rate that the
Company charges other customers.
Therefore, this transaction is regarded as
reasonable at a fair price.
Cost and Expense
Mono Travel paid TTTBB 0.15 The use of fixed-line telephone service
for fixed-line telephone by Mono Travel is a normal business
service to support its hotel transaction and the service fee is based
booking service. TTTBB on the market rate. Therefore, this
offered the fixed-line transaction is regarded as reasonable
telephone number service at a fair price.
and the monthly fee is at
the agreed rate.
2. Triple T Internet Sales and service
Company income
Limited • The Company, Mono Gen, 31.05 Such services are a normal business
Mono Production and transaction of the Company, Mono Gen,
Mono Broadcast provided Mono Production, Mono Broadcast and
advertising space via Mono Film as channels to promote TTTIs
online media, magazine services. The price is comparable with
and cable TV channel the rate that the Company charges other
for TTTI. customers. Therefore, this transaction is
• Mono Film sold movie 1.33 regarded as reasonable at a fair price.
copyright to TTTI.
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