71.65 million Baht Remark Not related with majority shareholders, executives of the Company and subsidiaries Debtor 8 Nature of Business Manufacture and trade steel bars and finished steel products

2.2 million, increased by 150.6% due to provision of obsolete and long-aged finished products. Ocean Glass Public Company Limited Page 3/4 Management Discussion and Analysis  Selling and Administrative

operate the project and has profit as agreed during the period of agreement after Phase 2-4 start to operate water distribution. HECH would purchase more GS’s share in the future from exisiting shareholder

-term loan bentures es bilities ilities quity ng 30 June qual to 114 t receivable lder Equity ding 30 Jun 6 at 161.7 m cial institutio on baht from t Bearing D to consiste Moreover, th 7 as accord 017 1

compliance finished or in the necessary case for compliance in the long period, it should change password in every three months etc. · In case of non compliance in front of computer’s screen, it shall have a

case of the compliance finished or in the necessary case for compliance in the long period, it should change password in every three months etc. o In case of non compliance in front of computer’s screen

capital increase is finished, the Company will inform accordingly. Transaction size calculation The calculation of the transaction value is based on the financial information set out in the consolidated

Tolling Agreement. The Company has been seeking funds from an external source for working capital purpose and preparing to get ready to produce for own sale again and can resume the operation in early of

12.3% Revenue from finance lease under power purchase agreement 103.2 101.6 104.9 3.2% 1.6% 306.9 305.7 (0.4%) Revenue from construction under a concession arrangement 215.0 - - - N.A.(

subsidiary was temporary shutdown in Q1/2019. The company shutdown from February to April after GJ Steel terminate service tolling agreement on 31 January 19 because the company waiting for sign new loan