Industry LLC and 100% of investments in Delta Greentech (USA) and Delta Greentech (Brasil) S.A. in April 2017 (according to the resolution of the board of directors’ meeting no. 1/2017 held on 14 February

No. 1/2019 of B.Grimm Power Public Company Limited ( the “Company” ) , approved an additional investment in Nam Che Hydro Power Co., Ltd., in which B.Grimm Power (Lao) Company Limited (wholly owned

electric equipment, and construction of electrical substation. The Company also has 2 subsidiaries engaging in related businesses, which are (1) IGEN Powertech Company Limited (“IGP”), which 51% shares owned

debtor under receivership. Under such circumstances, in managing assets deemed to be owned by customers, the customers who are not associated with the derivatives broker shall be entitled to receive the

primary listing regulations will apply as well. Nonetheless, in case of the holding company founded in Thailand and owned by Thais but investing in the subsidiary founded offshore which operates core

Co., Ltd. On 14 July 2017, CPN purchases 26 mn shares in Dara Harbour Co., Ltd. held by Property Perfect Public Company Limited (“PF”), equivalent to 65% from the total shares of 40 mn shares for THB

Company’s wholly owned subsidiary. And on May 28, 2019, the Company has established Hin Kong Power Company Limited (“HKP”), which is fully owned by HKH. Each company’s registered capital is Baht 4,000,000

Limited (“Cherdchaiwon”) Relationship with the Company: Carnival Magic is 99.0%-owned by Phuket Fantasea Public Company Limited, which is 99.9%-owned by the Company Cherdchaiwon’s authorized director and

) Co,.Ltd. 2 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2017 MD&A FY 2017 (ended 31 December 2017) 12 FEB 2018 IMPORTANT EVENTS IN 2017 - On 30 March 2017, Eye On Ads Company Limited, a wholly-owned

(%)* RevPAR (THB/night)* 1Q 2020 1Q 2019 +/- 1Q 2020 1Q 2019 +/- 1Q 2020 1Q 2019 +/- 1Q 2020 1Q 2019 +/- Owned 3,961 3,961 0 2,491 2,812 (321) 49.1% 62.3% (13.2%) 1,223 1,752 (529) Leased 3,347 1,459 1,888