Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2019 of the Company and the

period of the last year with Baht 2.26 million. This sharing of gain (loss) has come from the investment in energy business i.e. the biomass power plant in the southern of Thailand and the solar power

Energy drinks market declined 14.2% YoY, OSP gained market +110 bps YoY to post at 54.9%, showing 3-year record high at 55.6% in June, proving that consumers chose to stay with the trusted brand. - The

operation in GS. The area under the water supply contract has high water requirements. This area is full of the community, tourist attraction, and industrial factory which currently suffers from the shortage

price with five-year and four-year license period. 5. Interior design & fittings expenses Depending on the design format, area size, required materials and technique, through bidding process. 6. Business

re-zoning IT Junction rental space, rental rate discount and revenues for sale promotion support decline. The Company’s has changed its strategy to push more promotion and activity in the rental area

detail are follows: 3.1 Area 11,090 square meters located at T.Bangpakong, A.Bangpakong, Chachoengsao province 3.2 Area 15,760 square meters located at T.Bangpakong and T.Thaklam, A.Bangpakong

and directors. 3. The general characteristics of the transaction: The company acquires office building service and rents office area in 3,468 square meters for one year, starting from 1 July 2019 to 30

of the transaction: Woodtek International Co., Ltd. acquires office building service and rents office area in 1,000 square meters for one year, starting from 1 July 2019 to 30 June 2020 for office

shareholders in both parties (Please see details in “5. Details of connected person and the area of interest of connected persons”) 3. General description of the transaction The Company has agreed to execute the