Page 27 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
In addition, during the past period the Company has developed the new software systems to
support and conform to the asset auction patterns of various organizations and agencies as follows:
Multiple Frequency Band Auction System to Support the 5G Auction System
The Company developed an auction system which able to support the bidding rules of the
National Broadcasting and Telecommunications Commission (NBTC) and is in accordance with the
notifications of the rules and procedures to use the frequency spectrum for a universal mobile
telecommunications business in the 700 MHz, 1800 MHz, 2600 MHz, and 2.6 GHz range. This auction
system must support the Simultaneous Ascending Clock Auction method which is comprised of two steps.
These are the Allocation Stage and the Assignment Stage. In other words, the auction system must be
able to carry out the bidding in multiple frequency bands at the same time (at least 4 different frequency
bands), be able to support the bidding rules of the NBTC, and be able to support the control of the
frequency range required by the bidder who won the bidding under the regulations of the selection of a
frequency ceiling in each frequency band specified by the Office of the NBTC.
Auction System with a Mobile Application for the State Railway of Thailand
The Company developed a bidding system with a mobile application for the auction of discontinued
items, amortized items and damaged items under the possession of the State Railway of Thailand. The
Company developed an auction system with a mobile application under the auctioning and competitive
bidding regulations of the State Railway of Thailand. The State Railway of Thailand aims to auction items
that are damaged, discontinued, and become a storage burden so that they are in accordance with the
rules and regulations of the Ministry of Finance regarding the procurement and management of government
supplies in 2017. The competitive bidding will be processed through a mobile application. The system will
show the bidders’ number and the bid price each time. Bidders will know the results during the competitive
bidding and when the auctioneer announces the number of the winning bidder. Bidders do not need to
identify themselves which allows bidders to compete and make bids without any pressure. This also
increases transparency in bidding and prevents price collusion.
Auction Related Services
1) Vehicle Transfer Services
The Company renders services for moving vehicles before auction. Most of the time the Company
will collect vehicle transfer service fees from the winning bidder. Vehicle transfer service fees are declared
in the auction property list before bidders attend the auction. Vehicle transfer service fees are based on
the cost of transferring vehicles that the Company has paid for/or for wages of workers that move vehicles
from the point that the Company receives the vehicle from sellers to the auction site. The Company will
use these costs to calculate the average vehicle transfer fee for each vehicle.
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
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