Discussion and Analysis For 2Q20 and 6M20 P a g e | 9 2020 Outlook The COVID 19 epidemic has severely affected the global tourism industry. The announcement on travel restrictions and closures of airports and
completed Low-rise projects, Maestro03 Ratchada-Rama9, Maestro14 Siam-Ratchathewi, Maestro01 Sathorn-Yenakat and Maestro07 Victory Monument. There were also transfers from existing completed big projects
transfers of M Jatujak and Maestro03 Ratchada-Rama9 which completed construction in second half of 2017 and middle of 2018 respectively. There were also transfers from existing completed big projects mainly
electricity consumption in 2017 by 3.03 percent Page 3 As for economic outlook in 2018, National Economic and Social Development Board (NESDB) forecasted Thailand’s economy to expand in the range of 3.6 to 4.6
Power Synergy Public Company Limited (GPSC) (“The company”) completed the acquisition of a portion of Glow Energy Public Company Limited (“GLOW”). The Company purchased 1,010,976,033 shares or 69.11% on
million mainly from (i) lower finance costs of THB 624 million or 39% from Q2/2019 due to partial repayment of bridge loan using proceeds from the Right Offering (RO) completed in Q4/2019 and (ii) lower
-hours in 2017. A growth of electricity consumption was mainly driven by the expansion of economy and thriving tourism. As for economic outlook in 2019, National Economic and Social Development Board
-2019 Project Business Year Performance Fibers expansion in China HVA Fibers Completed Increased IPA production West Feedstock Completed Contribution from Artlant PTA West Feedstock 2018 Commissioning of
future growth plans. In terms of the progress on Tender Offer of Glow Energy Public Company Limited (GLOW), after the company have completed the Mandatory Tender Offer from GLOW which ended on the 22nd May
project completed and started transfer in November 2016 while the rest were continuing revenue from existing completed projects. In 2016 there were 4 projects completed and started transfer ,Manor