CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

shares PAGE 4 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 Executive Summary In Q3/2019, TRIS Rating assigns the company rating on Global Power Synergy PLC (GPSC) at “AA -” with “stable” rating outlook

debt. In order to manage the company’s working capital to coincide with operations. As well as, managing debts to be paid on time. The company was able to secure funds, both short term loans and long