that has invested in SAFE Energy Holdings Company Limited (SAFE) with the shareholding of 33.37 percent of total shares by ECF-P. At present, ECF-P is in the process of negotiation by 6 entering into the
approval from the shareholder meeting by passing with the votes of not less than three-fourths (3/4) of the total number of votes of shareholders attending the meeting and having the right to vote, excluding
connected transaction notifications. (2) Set up the shareholder’s meeting for an approval of connected transaction from shareholder with the vote of no less than three – fourths of total votes of shareholder
was less than Baht 100 million or 3% of the Company’s Net Tangible Assets (NTA), whichever is lower. Accordingly, this transaction shall be required an approval by the Board of Directors and disclosed
' significant resolutions as follows: 1. Approved to propose to the Extraordinary General Meeting of the Shareholders No. 1/2018 (the “EGM”) for consideration and approval of the reduction of the Company’s
assets increased from accrued export incentive and directors’ remuneration, investments in joint ventures increased from proportional shareholding in Safe - 4 - Energy Holdings Company Limited, property
year due to the profit realized from the biomass power plant project 7.5MW of Prize of Wood Green Energy Co.,Ltd., invested by Safe Energy Holdings Co.,Ltd., started the commercial operation date on
sell investment in Safe Energy Holdings Co., Ltd to the buyer following the sales-purchase agreement dated 25 February 2020 at the agreed price of Baht 222.90 million in which the value is lower than the
safe online. We appreciate the partnership with the SEC and look forward to working together to address the pressing issue the industry is facing." Based on the statistics on the reports received from