overall status of the Company as well. 7. Utilizing plan for proceeds obtained from the disposal of assets The Company plans to utilize proceeds obtained from the Disposal of Komchadluek Business and

interviews with the Company’s managements ▪ Information and documents obtained from the Company In addition, the IFA’s opinion was based on the following assumptions: ▪ All information and documents provided

company had obtained a short -term loan from financial institution and major shareholders to make the payment to ENGIE Global Developments B.V., which was the major shareholders of GLOW, and to obtain

more than Baht 20 million and/or 3.00% of the Company’s NTA pursuant to the Connected Transaction Notifications. 4. Details of Assets to be Acquired The Company will acquire not more than 49,260,075

.) invested in a hydropower plant project in Laos PDR with total installed capacity of 69 megawatts. The indirect subsidiary acquired of 100% share of Nam San 3A Power Sole Co., Ltd. (“Nam San 3A”) from

subsidiaries. 1. SUT Global Co., Ltd. In July, 2018, the Company had purchased and accepted a transfer of SUTG Holding Co.,Ltd’s entire business, which owns 132,000 shares in SUT Global Co.,Ltd as at the

), the shareholders should not  ratify this transaction because the agreement contains a condition  requiring GSTEL to appoint the Mahachai Group as its sole sales distributor for a period of five years

end of this year. On the costs side stone variable cost were largely in line with expectations, together with the acquired Thai Marble Corp., Ltd. quarry resource will be utilized and benefit overall

100% of shares through Lombard Estate Holdings Limited, the Company’s subsidiary in which the Company directly holds 100% of shares) has acquired ordinary shares of 3,000 shares or equivalent to 30

Thailand. Method Calculation Transaction Size (%) NTA of the invested fund X proportion of the assets acquired 1. Asset Value Method (NTA) Company’s NTA 0.00 New profit of the invested funds X proportion of