clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by its direct subsidiary. SAAM Energy Development Public

units to customers from Mana Patanakarn Co., Ltd., a subsidiary company that operates real estate development business, decreased from the same quarter of 2018, partly due to the Bank of Thailand’s

123.15% due to in the same period of the previous year, the subsidiary recognized the borrowing costs for the plant construction as a cost of construction in respect of Property, Plant and Equipment

. 2. Parties involved and Relationship with the Company Purchaser: Indorama Ventures Spain S.L., incorporated under Spanish Laws, an indirect subsidiary of Indorama Ventures Public Company Limited

during the end of the previous year. Loss from Disposition of Fund Invested in Subsidiary In the 3rd quarter of 2018, the Company suffered the loss from the disposition of investment fund that decreased by

subsidiary of the Company operating publication of books and journals business), i.e. disposing 42,250,000 ordinary shares in WPS, equivalent to 84.50 percent of the total number of shares in WPS (“Shares of

this year, such transaction caused the change of the lessor of the MahaNakhon Cube Building from the Company’s subsidiary to KPM including change of rental period. Currently, there are some outstanding

. Pakporn Lohavibulkij doesn’t have any relation or connection to each other, and isn’t also a Related Party Transaction person together with the Company and the subsidiary. 4. Feature of the Transaction 4.1

its direct subsidiary. SAAM Energy Development Public Company Limited - 2 - In Quarter 3 of 2019, revenues are THB 55.13 million, a THB 1.10 million or 2.04% increase from the same period of the

. Other shareh this regard, th entering into th e World will be pendence of estimated that l position. In a media busine Moreover, Aro ccording to th subsidiary ac Entering into M Governors of s Concerning