Page 164 - Anual report STi 2022_eng
P. 164
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
13. Wangnoi Logistics The major Service Income Necessity and Suitability
Park Company shareholders - Unbilled receivables 0.18 0.18 The Company Group provided services
Limited of the Group for the Nihonbashi - Wangnoi Project
have common with a service agreement that had
directors with the normal business conditions and a
parent company gross profit margin that was similar to
of Univentures comparable projects.
Capital Company Opinion of the Audit Committee
Limited. 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). 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.
14. Bangpakong Logistics The major Service Income Necessity and Suitability
Park Company shareholders - Income from engineering 0.09 - In 2021, the Company Group provided
Limited of the Group design services for the Nihonbashi Bangpakong
have common Phase 1 project with a service agreement
directors with the that had normal business conditions
parent company and a gross profit margin that was
of Univentures similar to comparable projects.
Capital Company Opinion of the Audit Committee
Limited. 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). 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.
162 Annual Report 2022 (56-1 One Report)
