the Company’s registered capital from 322,500,000 THB to 377,500,000THB per share, for the allotment of newly issued ordinary shares to specific investors (Private Placement) for the compensation of

total shares of Hello LED, at a purchase price of THB 3,900 per share, totaling THB 1,950,000,000 (the “Hello LED Shares Acquisition Transaction”). In this regard, after the Board of Directors’ Meeting

Hello LED, at a purchase price of THB 3,900 per share, totaling THB 1,950,000,000 (the “Hello LED Shares Acquisition Transaction”). In this regard, after the Board of Directors’ Meeting approved the

Company will execute a Share Subscription Agreement with conditions precedent and Loan Agreement with conditions precedent in respect of the Transaction (collectively, the “Agreements”) with SGAH. The

”). The details of the Transaction are as follows; 1. Acquisition of NEXT Ordinary Shares from the Seller The Company shall acquire 4,750,000 shares at par value of 10 Baht per share, equivalent to 100.00

“Transaction”). The details of the Transaction are as follows; 1. Acquisition of NEXT Ordinary Shares from the Seller The Company shall acquire 4,750,000 shares at par value of 10 Baht per share, equivalent to

3,308.7 2,338.8 (969.9) (29.3%) 4,433.9 5,535.2 1,101.3 24.8% Normalized Net Profit/3 903.1 523.8 (379.3) (42.0%) 815.9 1,128.2 312.4 38.3% /1 Including other income and share of profit from investments in

year ended 2017 since the Company and subsidiary has  Net cash flows provided by operating activities Baht 730 million บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion

provided by operating activities Baht 749 million  Net cash flows used in investing activities Baht 4 million which proceeds from disposal of investment in subsidiary Baht 68 million and purchasing of

million, decreased Baht 93 million or 36% from year ended 2018 since the Company and subsidiary has • Net cash flows provided by operating activities Baht 62 million • Net cash flows used in investing