In case the releasing of CRM rice mill, Sahaphat must be paid a minimum amount of THB 100 mln in exchange of collateral release. The minimum amount of THB 100 mln is equivalent to 128.25% of the appraisal value at THB 77.97 mln and it is also higher than the liquidation value of THB 34.53 mln. Therefore, it is justifiable.