to ensure the Entire Business Transfer and Securities Allocation Transaction is complete within May 30, 2018, or the date mutually agreed by the Company and SUTGH; (8) SUTGH’s Board of Directors and
approve to process as deemed necessary and appropriate, in order to ensure the Entire Business Transfer and Securities Allocation Transaction is complete within May 30, 2018, or the date mutually agreed by
issued ordinary shares on the SET. and 4) Undertaking any acts necessary and relevant to complete the allocation of the newly issued ordinary shares. 3 6. To propose to the Extraordinary Meeting of
issued ordinary shares on the SET. and 4) Undertaking any acts necessary and relevant to complete the allocation of the newly issued ordinary shares. 3 6. To propose to the Extraordinary Meeting of
Share Purchase Transaction with conditions that GLOW has to complete the sale of GLOW SPP1 Company Limited before or at the same time 1 The purchase price is reduced from the offered price by THB 4.5094
plan with Bangchak Petroleum Plc. was of Bt11.5 million. 2.2.5 The Employee benefit obligations was of Bt939.3 million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3
according to accounting standard and employee expense from legal severance pay rates for retirement according to the draft of a new Labour Protection Act. Financial cost amounted to Baht 1,857 Million
% because of new calculation based on 400 days benefit in case of retirement according to the Labour Protection Act in the quarter that it was applied. 2.3 Shareholders’ Equity Analysis As at June 30, 2019
25.04 million baht as a result of : Recognize additional compensation cost incurred by revaluation of employee benefit in accordance to Labour Protection Act (No.7) 2019 Recognize more administrative
million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3 Shareholders’ Equity As at June 30, 2018, total shareholders’ equity was of Bt7,505.6 million, decreased from December 31