Page 109 - MONO_AR_2016_EN

Connected Company/ Transactions
Value (Million Baht) As of December 31, 2016
Necessity and Appropriateness/ Opinion of Audit Committee
5. Jasmine Internet Company Limited
Cost and Expense
• The Company paid JINET for Internet corporate 0.18 leased line service.
6. TOYOTA P.S. Enterprise Company Limited
Cost and Expense
• For preventive maintenance of cars used 0.40 in business operations, the Company and subsidiaries paid TOYOTA PS for a vehicle check-up expenses.
The Internet corporate leased line service is normal business. JINET is the Internet service solution, with ef cient system and infrastructure. The service fee is at market rate. Therefore, this transaction is regarded as reasonable at fair price.
The said transaction is normal expense, which is equal to the market rate. Therefore, such transaction is regarded as reasonable at a fair price.
7. Jasmine International Group , such as TTTBB, TTTI, JINET, JASTEL, ACU, and PA
Sales and service income
• Jasmine International Group offered sponsorship to support the marketing activities of subsidiaries according to the agreement.
8. Green Star Environment Company Limited
Sales and service income
• A subsidiary earned revenues from sales of 0.68 old books in form of paper scraps for recycling
at higher price, compared with the rate that
the subsidiary sold to other trade partners and
the market rate.
0.20 The said transaction for promoting our marketing activities is a normal business of the Company and the price is similar to the rate that the Company charges other customers. Therefore, this transaction is
regarded as reasonable at a fair price.
Such transaction is normal business transaction which is regarded as reasonable at a fair price.
Annual Report 2016
Mono Technology Public Company Limited 109