ordinary shares, valuing at Baht 10 each. The capital will be fully paid, and is expected to be completed by May 2019. 1.2 Signing of financial documents for Collector Wind Farm in the Commonwealth of

acquisition loan of 38mTHB in March was completed. Short-term working capital increased versus H1 2018 as funding for investment in working capital, predominately fuel, which has peaked and will impact

Pala-in 26,096 Miss Nittaya Na Songkhla 2 (2) THB 35,000,000 in cash. The Company expects that the Investment Disposal Transaction shall be completed by the 3rd Quarter of 2019. 2/5 เลขท่ี 1 อาคาร ทีพี

MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 SG&A expense against only 1.5mTHB consolidated EBITDA contribution, since the acquisition was completed only at the very end of the quarter

proposal by other contractors. As a result, the mentioned transaction is compulsory and cannot be completed by other contractors. Thus Cherchaiwon, the related party, is asked to complete the production. The

the Acquisition Notification. Details of the Transaction are as follows: 1. Transaction Date It is expected that the Transactions will be completed by the second quarter of the year 2019. 2. Contractual

been completed. As of 24 December 2019, the Company is a creditor under the Loan Agreement to IFEC in the total amount of Baht 58,304,246.58, consisting of the principal of Baht 50,000,000 and accrued

gradual delivery of the completed project work to customers during the period and partial refund. Liabilities As at 31 December 2019, the Group’s liabilities total of Baht 993.33 Million, decreased of Baht

%). This increase is mainly due to consolidation of TigerSoft’s result as well as organic growth of existing business in HR technology and services in Thailand. In 1H 2020, we have completed a couple of

first. 6. Investment The advisor has evaluated the asset acquisition and summarized that the investment value is 237 million baht. The construction, machine installation, pipeline has to be completed