to the company managed the inventory level appropriately to reduce storage costs and reduce the burden of working capital. In addition, unbilled income for project work decreased by 33.82 million baht

mainly to none of new project has been completed in the past 6 months. Therefore, most of the revenue came from the completed projects in early 2018 which was Chateau in Town Charansanitwong 96/2 and

) of 677 MW solar projects in Vietnam in June 2019 including the largest solar project in Southeast Asia with smooth operation continually and - Achieving COD of Namche 1 and Interchem in June and

project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the contract, therefore the Company filed a lawsuit on July 15 , 2016 at the Southern Bangkok Civil Court. The

1 Tr - Translation - WRLE 016/2017 13 December 2017 Subject : Termination of land lease agreement of Metro East Town Project which is categorized as a connected transaction. To : Director and Manager

any large-scale or high- value projects like those in 2020 and 2021. However, when the situation of the COVID- 19 epidemic began to improve, the project operation in 2 0 2 2 became more convenient and

the year have slightly decreased when compared to 2022. However, the revenue of 2023, the Company received projects with a smaller project value than those in 2022, causing it to put more effort in

combined cycle cogeneration power that commenced COD on June 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The project was able to achieve COD as

Phuket” throughout the year. Central Village, Thailand’s first luxury outlet, was opened on August 31, 2019. The project also recently secured a strategic alliance with MEA, a leader in luxury outlets

houses in the property development project of Leyland (Vacharaphol Project) for sale in the future. 3 3.2 Details of the acquired assets Entire ordinary shares of Leyland with a par value of THB 1,000 per