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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:
Sales and service income
• The Company provided corporate SMS to 8.14 TTTBB customers according to the volume and telephone numbers under its service.
Cost and Expense
• A subsidiary paid TTTBB for xed-line telephone 0.08 service to support its hotel booking service.
TTTBB offered the xed-line telephone number
service and the monthly fee is at the agreed rate.
2. Triple T Internet Company Limited
Sales and service income
• The Company and subsidiaries provided 20.24 advertising space via online media, magazine,
digital TV and radio for TTTI.
• A subsidiary sold movie copyright to TTTI. 0.04
• The Company provided corporate SMS to 0.01 TTTI customers according to the volume and telephone numbers under its service.
The said service is a normal business transaction similar to the service offered to other corporate customers. The Company has capable personnel, ef cient 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.
The use of xed-line telephone service by the subsidiary is a normal business transaction and the service fee is based on the market rate. Therefore, this transaction is regarded as reasonable at a fair price.
Such services are a normal business transaction of the Company and subsidiaries as channels to promote TTTI’s services. The price is comparable with the rate that the Company charges other customers. Therefore, this transaction is regarded as reasonable at a fair price.
Connected Company/ Transactions
Value (Million Baht) As of December 31, 2016
Necessity and Appropriateness/ Opinion of Audit Committee
1. Triple T Broadband Public Company Limited
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