. (“Eco”) by cash for Baht 50.00 million and hold shares in proportion of 76.92 percent via Ferrum Energy Co., Ltd. is an Acquisition of Assets. Eco Energy is a major shareholder in Pracharath Biomass

in cash due to indivisible shares. In this regard, there are still remaining the reserved shares of 197,450,000 shares for the purpose of exercising warrant CCET-WB shall remained due to the warrant

. 49% 3. Mr. Apichart Kasemkulsiri 1% 4. Mrs. Ornruedi Na-Ranong 1% Source of Funding: Cash flow from business operation of the Company Profit of Investment: Dividend The above is not within the scope of

financial institutions and issuance of the debenture. Condensed Financial Statements 31 Dec 2018 31 Dec 2019 YoY Mio. % Mio. % Mio. % Assets Cash and Cash Equivalents 21.4 0.9% 2.6 0.1% -18.8 -87.9% Trade and

assets of 3,601.56 million baht, a decreased in the amount of 1.39 million baht, by following reasons.  Cash and cash equivalents amount of 239.09 million baht had a net decrease of 215.62 million baht

construction work for Highway No.7 Chonburi – Pattaya, and also survey of route at Kanchanaburi. The Company orders this company to repay the debts by installments according to its business’s net cash flow

bath increased by 0.64 million bath or 0.32% increased due to the company received dividend from associated company with Cash and cash equivalents decrease by 15.36 million bath as a result of the

paid in cash. 4. Criteria used to determine the value of assets being acquired The consideration was arrived at after negotiation between the Company and the Sellers and took into account the fundamental

as of December 31, 2017. The rose up in total assets of the Company and its subsidiary was mainly from increased in cash and cash equivalent that the Company received from share issuance amounted to

cash (the “Acquisition and Acceptance of Transfer of the Entire Business”), comprising: ( 1) a deposit in the amount of THB 150,000,000, which had been approved by resolutions of the Board of Directors