Power Synergy Public Company Limited (GPSC) (“The company”) completed the acquisition of a portion of Glow Energy Public Company Limited (“GLOW”). The Company purchased 1,010,976,033 shares or 69.11% on
innovation to create new business revenues or new S-Curve corresponding to the fast-moving environment of energy and electricity generation sectors and become an energy solution service provider of PTT Group
Public Company Limited (GPSC) (‘company’) completed the acquisition of Glow Energy Public Company Limited (GLOW) from ENGIE Global Developments B.V. purchasing shares amounting to 69.11%. In addition, the
waste water created from the power plant using biomass energy According to the studies of the possibility in the investment before deciding to invest, the Company received the information that, in general
in proportion to their current shareholdings, provided that such shareholder names appear on the Record Date as at May 3, 2018. The offering ratio shall be 1 existing ordinary share to 1 newly issued
in proportion to their current shareholdings, provided that such shareholder names appear on the Record Date as at May 3, 2018. The offering ratio shall be 1 existing ordinary share to 1 newly issued
Baht for working capital management. 9. KEY FINANCIAL RATIOS Key Financial Ratios As of 31 Mar 2017 As of 31 Mar 2018 Liquidity Ratio Current ratio (time) 0.38 0.56 Profitability Ratio(1) Gross profit
as current assets at 8,745 million baht or accounted 45% of total assets and non- current assets was 10,699 million baht accounted 55% of total assets compared to the ended of 2017. The Company’s total
% of total assets. - Accounts Receivable As of November 30, 2019, the Company has gross accounts receivable of 89,826 million baht (both current assets and non-current assets), increasing 9% from as of
mainly due to the increase of administrative expenses from hiring management of subsidiaries, advisor and due diligence fees to audit the position of energy projects that the Company had entered into