Page 159 - Anual report STi 2022_eng

Transaction (Million Baht)
Persons/juristic persons For the year For the year Necessity and Suitability
Relationship
who may have conflicts characteristics Item Characteristics Ended Ended of Related Party Transactions
of interest December 31, December 31, Opinion of the Audit Committee

2021 2022
3. Amarin Television There are common Service Income Necessity and Suitability
Company Limited directors. - Income from - 2.43 The Company Group provided

consulting and services to Amarin Television
project management Company Limited for the project
- Income from 0.23 3.14 of office buildings and Amarin
Architecture Design TV studios with normal business
- Income from - 1.12 conditions. Upon comparison
engineering design with similar projects that provided
- Trade receivables - 0.47 services to others, it was found
- Unbilled receivables 0.23 0.44 that the gross profit margin was

- Service income - 0.19 similar.
received in advance Opinion of the Audit Committee
The aforementioned transaction
is a normal business transaction
of the Company Group with fair
prices and conditions comparable
to those of other parties who are
not connected (arm's length basis).

4. Andaman Resort There is an ultimate Service Income Necessity and Suitability
Asset Company shareholder in the - Income from (0.04) - In 2021, the Company Group
Limited (Formerly parent company consulting and provided construction management
known as Banyan being a relative project management and supervision services for the

Tree Krabi Resort of an ultimate Banyan Tree Krabi (Tub Kaek)
& Spa Company shareholder in Hotel Project with normal business
Limited) Univentures conditions. Upon comparison with
Capital Company similar projects that provided
Limited. services to others,
Opinion of the Audit Committee
the aforementioned transaction is
a normal business transaction of

the Company Group with fair
prices and conditions comparable
to those of other parties who are
not connected (arm's length
basis).

Stonehenge Inter Public Company Limited 157