Limited, with a registered capital of THB 300mn. The subsidiary will facilitate the planned restructuring of the holding structure of U City’s hospitality business 26 December 2018: Par value and capital

Microsoft Word - MD&A Y2018 _E_ - Final Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Year Ended December 31, 2018 Management Discussion and Analysis For

holding 200,086,877,212 shares as at September 29, 2017, which is equivalent to 35.64 percent of the total issued shares of the Company. Details on the newly issued preferred shares and the U-W3 Warrants

, with registered capital of 10.0 Million Baht. Bangkok Airways Holding Company Limited holding 100.0 percent of all the shares of this new subsidiary. 5 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and

Unicorn Enterprise Company Limited ( “UE” ) , a subsidiary in which BTS Group Holdings Public Company Limited (“BTSG”) holds 100 percent of its total shares where UE engages in business through holding

share. 6. The Company, BTS Group Holding Public Company Limited and Sino-Thai Engineering & Construction Public Company Limited jointly submitted the proposal under the name of “BBS Joint Venture” for the

regardless of what the title may be; (3) 2 “person with power of management” means a deputy manager, an assistant manager, a departmental director, a branch manager, and also means any persons holding

Ramkhamhaeng”, Which transferred 1,441.3 million baht, recognized the joint venture profit over 141.3 million baht (According to the proportion of holding 51%). PAGE 7 IV Finance Costs Comprising interests from

Microsoft Word - MD&A Y2017 _E_ Final Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Year Ended 31 December, 2017 Management Discussion and Analysis For the

, and (2) the Company recorded the doubtful accounts on long-term loan to joint ventures of 910 million Baht in the same period last year. In Q2 2018, the Company had finance cost of 198 million Baht