could only realize the total sales volume from methyl ester plant 1 because methyl ester plant 2 is under testing run for commercial operation. (3) In 4Q2018, GGC had sales volume from methyl ester plant

31, 2019 March 31, 2018 Sales and installation of the pipeline business group 998.57 733.46 Water management business group - Sale and service of water supply (Only amount to be recognized in year 2019

installed in Q2/2018 – Q1/2019. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and

“Subsidiary”) in which the Company holds 99.99% shares and it had operated no business. Therefore, the dissolution of the Subsidiary does not affect the business operation of the Company, it will be only the

(Unit : Million Baht) June 30, 2019 June 30, 2018 Sales and installation of the pipeline business group 1,016.02 646.76 Water management business group - Sale and service of water supply (Only amount to

increase the new customer base, such as in Italy, India and Laos. In part of the only one-time cost of administrative expenses increases due to loss of write off asset, the cost of financial advisor, the

nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction

and depending on maximizing of shareholder interest. In addition, the proposed of this information memorandum is for providing information only and shall not be created as an offer to buy or

amalgamation has the purpose of shareholding restructuring only and the result of the amalgamation will not cause any change in control nor change in shareholding proportion and there is no transaction value

group 733.46 678.37 Water management business group (only amount recognize in year 2018) 137.49 67.53 Total 870.95 745.90 Yours Truly, WIIK & HOEGLUND PUBLIC CO., LTD. Mr. Wiboon Sangwithayanon Chief