Page 193 - E-BOOK

Transaction value (million baht)
Related person/ Year ending as of Year ending as of Opinions of the audit
juristic person Relationship Transaction 31 Dec 2019 31 Dec 2020 Necessity and Rationale committee

 No. 1/2019, on 18 July 2019
- 1 serie, 1-year and 6-month
st
term, with Maturity Date on 18
January 2021, and fixed interest
rate at 2.30% per year for 63,000
units.
th
- 4 serie, 10-year term, with
Maturity Date on 18 July 2029,
and fixed interest rate at 3.60%
per year for 670,000 units.
 No. 1/2520 on 05 November 2020
st
- 1 serie, 2-year and 6 month
term, with Maturity Date on 05
May 2023 and fixed interest rate
at 2.83% per year, for 751,500
units
4. Krungthai Panich Insurance • The Company and Krungthai Bank Public 4.1 Debenture – related transaction • The company offered debentures to • Such transaction was a financially
Public Company Limited Company Limited have a common major • Debenture institutional investors and/or major aided transaction of the Company.
shareholder which is the Financial Institution - Beginning 30.0 30.0 investors to manage liquidity of the The offer price and interest rate of 191 | Bangkok Commercial Asset Management Public Co., Ltd.
Development Fund. As of 31 December - Increase - 45.0 Company. It is unsecured, non- the debentures was the same offer
2020, the Development Fund held 45.8%, - Decrease - - subordinated debenture with price and interest rate as the
shares in the company and indirectly - End 30.0 75.0 identification of holder’s name and Company did with other subscribers
held shares in Krungthai Panich Insurance • Interest payable 0.8 0.8 without an agent of the holders. The who were third parties
Public Company Limited for 24.8% (The • Accrued interest payable 0.0 0.1 debenture issuer has the right to • The audit committee considered it
Development Fund holds 55.1%, shares in redeem debentures before falling and realized that such transaction
Krungthai Bank Public Company Limited for due. (depending on each serie of was suitable and reasonable.
and Krungthai Bank Public Company Limited debenture)
holds shares in Krungthai Panich Insurance • As of 31 December 2020, Krungthai
Public Company Limited for 45.0%) Panich Insurance Public Company
Limited held debentures for 75,000
units, with par value of 1,000 Baht.

 No. 1/2017 on 23 June 2017
th
- 4 serie, 7-year term with
Maturity Date on 23 June 2024,
and fixed interest rate at 3.64%
per year, for 30,000 units.