of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened

Transfer Plan between the Company and a new incorporated limited company, SUT Holding Company Limited (“SUTGH”), which shall be incorporated within 30 April 2018. SUTGH shall have three shareholders, which

between the Company and a new incorporated limited company, SUT Holding Company Limited (“SUTGH”), which shall be incorporated within 30 April 2018. SUTGH shall have three shareholders, which are

farmers lose their income and lack purchasing power. Despite the government’s stimulus measures and tax measures to stimulate domestic spending, the tourism industry, and promoting many mega projects as

Ordinary Shares of the Company under the Debt to Equity Conversion Scheme is that M-Power will become a major shareholder of the Company, holding 15.80 percent of Company‟s total number of sold shares (after

the same period last year, respectively. Meanwhile, private consumption increased gradually, as a recovery in purchasing power remained tepid. Private investment has shown signs of improvement

the dissolution of Blue Fenix. Currently, Blue Finix is under the liquidation process. 2. Investment in the power operator business in Philippines The meeting of the Board of the Directors of the

Subdistrict, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 2. Investment in the power operator business in Philippines The meeting of the Board of the Directors of the Company held on

paid-up capital in GS through indirect holding in HECH and holding directly in GS. And when GS has earning per share not less than an agreement, the Company will purchase additional 69,114 shares for the

normal operation of the company. In addition, GS will hold 46.00% of the issued and paid-up shares of GS and control power in GS through the presence of the Company's directors. Water supply and