Page 161 - 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
7. Frasers Property The major Service Income Necessity and Suitability

Industrial (Thailand) shareholders - Income from 3.99 18.30 The Group provided services for a
Company Limited of the Group consulting and total of 7 projects with service
have common project management contracts that had normal business
conditions. Upon comparison with
directors with - Income from 0.54 (0.50)
the parent architectural design similar projects that provided
services to others, it was found that
company of - Income from 0.22 1.58 the gross profit margin was similar.
Univentures engineering design Opinion of the Audit Committee
Capital - Trade receivables 0.36 9.76 The aforementioned transaction is
Company - Unbilled receivables 9.29 11.66 a normal business transaction of
Limited. the Company Group with fair prices
and conditions comparable to those
of other parties who are not
connected (arm's length basis).

8. CW Tower Company The major Service Income Necessity and Suitability

Limited shareholders - Income from 1.65 3.33 The Company Group provided
of the Group consulting and project consultant services for the
have common management construction management and
supervision of the Cyber World
directors with - Trade receivables 0.86 1.59
the parent - Unbilled receivables 0.26 0.50 Tower Renovation project with
normal business conditions. Upon
company of comparison with similar projects

Univentures that provided services to others,
Capital it was found that the gross profit
Company margin was similar.
Limited. 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 159