UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV)  Net debt to equity ratio as

the EBT of UE, which was funded by a capital increase via issuance of preferred shares in the first quarter  Net debt to equity ratio as of 30 September 2018 stood at 0.53x, an improvement from 0.93x

42.8 million in 3Q2019 and increased from Baht 82.4 million in 9M2018 to Baht 118.6 million in 9M2019 due to accounting adjusted of doubtful debt amounted of Baht 22.5 million in 9M2018,and increase of

the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

flow position because debt services declined follow with Availability Payment. For SPP business, total sale volume of 8 SPPs continue to grow but the negative impact from a planned maintenance shutdown

working capital and at the same time the financial position and the debt structure of the Company will be more reasonable. 4.4 Impacts on business, financial position and financial performance of the

Events New Organizational Structure – Join Forces to Become Leader in Electrical Innovation On 1 April 2020, the company has entered a new organizational management after the acquisition of Glow Energy

other persons. Details are as follows. Loans to other persons Nature of Business Trading all types of steel Relationship with the Company Business Partners Debt amount Accrued interest receivable Default

increase the normal capacity during off peak power usage in 4th Quarter of 2017. - Gain from debt restructuring was achieved of THB 734 million some portion resulting from debt-to-equity conversion scheme in

investment; (2) bonds or debt instruments issued or guaranteed by foreign governments, foreign government agencies, or international organizations; (3) bonds or debt instruments issued or guaranteed by state