Page 381 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Persons or Companies Transaction value (Baht : Million)
Necessity and rationale of Audit Committee’s
which may have
conflict of interest Transaction 2019 2020 2021 transactions Opinion
4.3 Other Income

HCDS Group: Other 86.29 81.67 150.91 Income from services rendered Transactions are services
Income to HCDS Group are mainly as provider to HCDS group
− Harng Central follows: which using expertise of
Department Store employees and resources
Limited (1) Income from fee and of the Group effectively.
− The 1 Central Company allocation of income from bill Service rates are agreed
Limited payment and prepaid card b etween p ar ties .
− Central Insurance top-up services agent (CENPAY) Therefore, transactions are
Services Company which charged as commission reasonable and support
Limited fee with the same rate as HCDS business operations.
− Central Payment Group paid to COL Group.
Company Limited
− Central Embassy Hotel (2) Income from online platform
Company Limited development services and data
− Tiang Chirathivat storage on websites which
Company Limited charge at comparable rates to
− Central Garment other companies.
Factory Company
Limited
− Central JD Money
Moreover, managements
Company Limited
considered that services
− Overseas Fashions
provided to HCDS Group also
Joint Stock Company
− Central JD Commerce support the Group’s business
operation and the Group could
Company Limited
take advantages from using
− Central People
expertise of employees and
Development Center
resources effectively. These
Company Limited
− C.D.S. Restaurant transactions provide additional
income to the Group and should
Company Limited
be continued in the future.
− Central Wealth
Solution Mutual Fund
Brokerage Securities
Company Limited
− CRC Power Retail
Company Limited
− Central Marketing
Group Intertrade
Company Limited
− PT Central Retail
Indonesia Co., Ltd
− Paton 2 Company
Limited
− Central Tham Social
Enterprise Company
Limited
− Upfront Company
Limited

Annual Report 2021 (Form 56-1 One-Report) 381