Completion of the Transaction The completion of the Transaction is conditional upon the fulfilment or waiver of various conditions and requirements, including the following: 1. The acquisition approval from
of some spare parts and gas-cost saving of no less than THB 50 million per annum from gas-turbine upgrades in 2019-2020. B.Grimm has THB 21 billion cash on hand as of Q1’2020. Based on various scenario
led to widespread slowdown in economic activities. Private consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various
inventory gain/loss. Net Operating Debt is Net Debt (total debt less cash and current investments) less cash outflow for the various projects underway which are not yet completed and have not yet started
investment. The company also prepare for sufficient credit facilities from various banks while there is also an option for the company to tap into bond market given our S&P’s credit rating of BBB+. Dividend
the Board of Directors and/or the Executive Committee and/or Managing Director which in the level of Senior Executive Vice President up shall be authorized to perform various tasks related to the
of the two companies together. For Q1/2020, there are important factors and significant events in various aspects, such as the depreciation of the Thai Baht against the US Dollar, the decrease in price
Company has appointed Avant Garde Capital Company Limited as the Company’s independent financial advisor, who is responsible for various duties as prescribed by the Connected Transaction Notifications. 5
already made or committed in 2018 on various projects that 389 477 898 373 529 542 775 1,004 1,441 11% 12% 13% 11% 12% 14% -10% -5% 0% 5% 10% 15% - 500 1,000 1,500 2,000 2,500 3,000 2016 2017 2018 2019 2021