Page 163 - 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
11. Kasemsubsiri There are common Service Income Necessity and Suitability

Company Limited directors with the - Income from 1.61 (0.11) The Group provided services for The
parent company consulting and project Parq Project with service agreement
of Univentures management with normal business conditions. Upon
Capital Company - Trade receivables 0.43 - comparison with similar projects that
Limited. - Unbilled receivables 0.11 0.11 provided services to others, it was found

that the gross profit margin was similar.
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).

12. Bangkok Logistics The major Service Income Necessity and Suitability
Park Company shareholders - Income from 0.36 - The Group provided services for
Limited of the Group consulting and project the River 2 Project with a service

have common management agreement that had normal business
directors with the - Income from (0.73) 4.16 conditions and a gross profit margin
parent company architectural design that was similar to comparable
of Univentures - Income from (0.04) - projects.

Capital Company engineering design Opinion of the Audit Committee
Limited. - Unbilled receivables 2.98 3.42 The aforementioned transaction is a
normal business transaction of the
Company Group with fair prices and
conditions comparable tothose of
other parties who are not connected

(arm's length basis). For projects or
segments that cannot be compared,
the projected gross profit margin
upon accepting a job is higher than

the minimum gross profit margin
specified.

Stonehenge Inter Public Company Limited 161