Page 167 - Anual report STi 2022_eng

2) Ordinary Business Support Related Party Transactions

Transaction (Million Baht)
Persons/juristic persons Relationship For the year For the year Necessity and Suitability
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

Assets Leases

1. TCC Technology There are common IT Services and Necessity and Suitability
Company Limited directors with the Equipment Rental The Company Group entered into an
parent company - Administrative 4.30 3.77 agreement with T.C.C. Technology

of Univentures expenses Company Limited (Lessor) to lease
Capital Company - Other receivables 0.02 0.02 computer equipment and provide
Limited. - Other payables 0.24 0.20 information technology services to
the Company Group. Prior to entering

into the contract, the Company
Group compared the suitability of
the service offerings with others and
concluded that T.C.C. Technology

Company Limited's service offerings
were appropriate and aligned with the
nature of the service and business
operations of the Company Group.

Additionally, the standard equipment
rental price of T.C.C. Technology
Company Limited was found to be
reasonable.

Opinion of the Audit Committee
The aforementioned transaction is a
normal business support transaction
of the Company Group with

reasonable rental rates, services,
and normal trading conditions.

Stonehenge Inter Public Company Limited 165