products returned to normal which led to dumping of VGA at significantly lower price, resulting in the Company recognized loss from the write-down of inventories to net realizable value. 4 I 9 In 2022, gross

Stock Exchange at a lower price than the lowest selling price of such securities on the Stock Exchange on that day; (2) selling through a big lot; or (3) transferring the securities and derivatives to

lower than the par value of ordinary shares of the Company, therefore the Company is required to obtain an approval for the shareholders’ meeting, pursuant to Section 52 of the Public Limited Company B.E

. 72/2558, Re: Approval of Offering for Sale of Newly-Issued Shares by Listed Companies to Specific Persons, which is the subscription price that is not lower than the market price of the Company’s share

Company’s ordinary shares decreased and became significantly lower than the market price as at the date of the resolutions of the Meeting of the Board of Directors of the Company No. 13/2018 from Baht 5.99 to

Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018

whiling capable of using more efficient operating system by applying CCPH’s data system control know-how in seeking to even lower the operation expense through fewer manpower yet with higher efficiency

. The total transaction value, combining with Transaction (1) – (4) is equivalent to 22.17 percent. The transaction value is higher than 15 percent but lower than 50 percent, resulting in the Company

, combining with Transaction (1) – (4) is equivalent to 22.19 percent. The transaction value is higher than 15 percent but lower than 50 percent, resulting in the Company being obliged to prepare the

risks of nationalization, confiscation or the imposition of restrictions on foreign investment. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal