Discussion and Analysis for the year 2020 ended as of December 31, 2020 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (“the Company”) would like to submit the financial
and individual investors with a stable financial position who are able to invest in the Company to support and increase the liquidity of the Company. The offering price of the newly issued ordinary
. Financial Ratios (continue) Leverage Ratio and Liquidity Ratio 2018 2017 Change Increase/(Decrease) Debt to equity ratio (Time) - Consolidated 1.05 1.31 (0.26) - Company 0.80 0.80 - Book value per share (Baht
derivatives intermediary, having obtained an approval [for establishment] from the Securiites and Exchange Commission. “financial institution” means a financial institution under the Interest on Loan of
from the 14th March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) until the 30 th May 2019 according to the consolidated financial statement of
exceeding one year and shall not have any restriction on selling or transferring before maturity; (3) investing in debt instrument avaled in full amount or unconditionally guaranteed by the Ministry of
restriction on selling or transferring before maturity; (3) investing in debt instrument avaled in full amount or unconditionally guaranteed by the Ministry of Finance for full repayment of principal and
restriction on selling or transferring before maturity; (3) investing in debt instrument avaled in full amount or unconditionally guaranteed by the Ministry of Finance for full repayment of principal and
particular time; (5) Investment in financial instruments/contracts which are legal under the concerned laws; (6) All expenses chargeable to the fund should serve the purpose of fund operation; (7) Every
appropriate to the fund at a particular time; (5) Investment in financial instruments/contracts which are legal under the concerned laws; (6) All expenses chargeable to the fund should serve the purpose of fund