ordinary shares by an Initial Public Offering (IPO), and offered to the Company’s existing shareholders to mitigate an impact on those shareholders after the Company’s stake in CAZ is reduced. The
Company’s stake in CAZ is reduced. The transaction is considered the disposition of assets in accordance with the Notification of the Capital Market Supervisory Board No. Tor Chor 20/2551 re: Rules on
is disclosed to the SET. 1. Transaction Date After the meeting of Board of Directors’ Meeting No. 3/2018, held on 26 February 2018 approved for the purchase of 100 percent stake in Target Company. On
consolidation of BGYSP after raising stake from 49.0% to 100.0% in Q3’2018. However, Q4'2018 revenue decreased from the previous quarter mainly from the tariff decline after annual electricity sales achieved the
STRATEGIC UPDATE IN 2019 2019 was marked by notable strategic developments for MACO. The company has successfully laid the foundation for growth in Malaysia and Indonesia, as well as expanded its footprint in
afterward. The capital increase from Initial Public Offering would result in the marked decrease in Debt- to-Equity ratio and financial costs going forward. On November 14, 2019, the Company entered into the
is poised to continue in 2018. The Thai GDP expanded by 3.8% in the first 9 month of 2017, (following the growth of 3.3% in the first 9 month of 2016)1. The growth supported by a marked upturn in
in 2018. The Bank of Thailand forecasts an increase in GDP of 3.9% for 2018 driven by the marked uptick in infrastructure spending, tourism and continued recovery in private consumption. Consequently