incentives to gain the privilege when travelling from CLMV countries to Thailand. (February 2019) 5. The Company, BTS Group Holding Public Company Limited and Sino-Thai Engineering & Construction Public
of consideration based on the Company’s consolidated financial statements as of 31 December 2019 audited by the certified auditor. There is no acquisition transaction to be incurred in the past 6
transactions is based on the consolidated financial statements for 9 months ended 30 September 2017 of the Company and the Target, on the criteria according to the Acquisition and Disposition of Assets
for the size of transactions is based on the consolidated financial statements for 9 months ended 30 September 2017 of the Company and the Target, on the criteria according to the Acquisition and
41% QoQ, primarily due to the total GRM which soften to 4.18 USD/BBL (Q2/2016 8.79 USD/BBL, Q1/2017 7.96 USD/BBL). In this quarter, Consolidated Statement of Income Q2/2016 (Restated) Q1/2017 Q2/2017
with respect to technical aspects of electricity power 12. Houay Ho Thai Co., Ltd. 4 49 Holding shares in other companies 4 Glow’s group holds 49 percent of ordinary shares in Houay Ho Thai Co., Ltd
group holds 49 percent of ordinary shares in Houay Ho Thai Co., Ltd. However, the Board of Directors of Glow’s group has summarized that the Glow’s group has control over Houay Ho Thai Co., Ltd
factual information and promotion of appropriate participation of the society before construction, under construction, and after Page 9 completion of construction of power plants. EGCO’s group power plants
equivalent to 2.91 times due to lower inventory. Liability and Off-Balance-Sheet Management The Company disclosed in Note 23 of the financial statements and consolidated financial report as of 31st December