not required for submission of an application to list securities of the Company on the SET again (Relisting) due to the following reasons; 1) The acquired business is similar to and complements the

for submission of an application to list securities of the Company on the SET again (Relisting) due to the following reasons; 1) The acquired business is similar to and complements the business of the

. Opinions of the Board of Directors 5.1 Reasons and necessities for the capital increase With given business plan above, the Company will use the proceeds from the increased capital as an initial working

_ Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No OCMSET/6106/002 (Translation) June 12, 2018 Subject Increase of Registered Capital, Allocation and Offering of the Newly Issued Ordinary Shares to a Specific Investor (Private Placement), Application for Waiver from the Requirement to Make a Tender Offer for all Securities of a Business Takeover by Virtue of the Resolution of the...

clarification but no demonstration of facts or reasons to appropriately remove such suspicious grounds under (b) or (c). (2) having been judged by the final court for an offense related to property on the ground

associates and joint ventures for Q1/2018 was equal to Q4/2017 of Baht 152 million, but increased from Q1/2017 by Baht 41 million or 37%. The reasons are as follows: • Shares of loss from Xayaburi Power

when compared to 4Q17. Core EBITDA per ton QoQ declined by 25% and core EBITDA on a QoQ basis declined by 22% as a result of the following reasons: o 4Q18 was impacted due to IVL-specific factors that

, respectively. 5.3 Shareholders’ Equity Analysis As of December 31, 2019, total Shareholders’ Equity were Baht 105,107 million increasing by Baht 4,257 million or 4% from the year 2018. The main reasons are as

202 million or 0.4 percent from last year owing to a decrease in personnel expenses of Baht 2,048 million according to the abovementioned reasons. Premises and equipment expenses increased, mainly from

comparing to Q2/2016, it increased by Baht 21 million or 24%. The reasons are as follows: • Shares of profit from Xayaburi Power Company Limited (XPCL) increased by Baht 6 million from Q1/2017 and by Baht 9