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Connected Company/ Transactions
Value (Million Baht) As of December 31, 2016
Necessity and Appropriateness/ Opinion of Audit Committee
3. JasTel Network Company Limited
Cost and Expense
• The Company paid JasTel for the use of 1.33 telecommunication network linking between systems of Jasmine International
Tower and DTAC (Rangsit).
• The Company and a subsidiary paid JasTel 0.98 for the rental of co-location server.
4. Premium Asset Company Limited
Cost and Expense
• The Company and subsidiaries paid PA for 17.75 of ce-related expenses, such as electricity
charges as well as service fee for security
guards and parking which are the expenses as
per agreement.
The use of telecommunication network is a normal business transaction. JasTel is a provider of telecommunication via ber-optic cable network with complete infrastructure. Service fee is based on the market rate comparable with that of other providers offering similar type of service. Therefore, this transaction is regarded as reasonable at fair price.
The space rental for co-location server is a normal business transaction. JasTel provides Internet service solution with complete infrastructure and offers space rental for co-location server at a specially designed room. Service fee is based on the market rate. Therefore, this transaction is regarded as reasonable at a fair price.
Such service is a normal transaction. PA is the owner of Jasmine International Tower and the fee is comparable to the rate collected from other tenants. Therefore, this transaction is regarded as reasonable at fair price.
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