with the capacity of 19.80 MW. Gangdong will sell electricity to Korea Electric Power Corporation (KEPCO), the sole off-taker of wholesale power generation in South Korea, through the Korea Power

Korea Electric Power Corporation (KEPCO), the sole off-taker of wholesale power generation in South Korea, through the Korea Power Exchange (KPX). Gangdong also sells thermal energy, and receive renewable

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

Nam San 3B Power Sole Co. , Ltd. [ “Nam San 3B” ] from Phongsubthavy Roads and Bridges Construction and Irrigation Sole Co. , Ltd. in the amount not exceeding USD 113.2 million [approximately THB 3,581

emphasize on growing market share to become the leading brand in Thailand by stressing importance on effectiveness of corporate communication on both media advertising and promotional spending, as well as

launched on . . The Group emphasize encouraging to customers aware about the quality water and new technology of water system and innovative of disinfection for food and beverages industrial, through the

projects and maximize brand value. For example, the Company will focus on franchising businesses to grow the brand both domestic and international. This attempt will emphasize countries where there is

which quarterly sales hit the record high in this quarter. Moreover, the Company still put an emphasize on repeating the success of Carabao energy drinks in other countries and expanding the international

entering the Company’s properties. Page 5 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Additionally, the Company puts an emphasize on efficient cost management to

satisfactory, the company has set a target to expand at least 100 branches by 2021 in order to meet the rising demand and foster brand recognition. The Company will emphasize on expanding the branches in areas