Agreements for 134 MW has been executed and lodged with the Energy Regulatory Commission (ERC) for final approval. The project targets for 85% contracted by commercial operation date. The construction of the
caused us a longer than expected lead time to initiate, go through their approval process and list our products to the shelves based on their conditions. Even though our sales volume of energy drinks under
high bargaining power of reputable modern trade operators. These altogether caused us a longer than expected lead time to initiate, go through their approval process and list our products to the shelves
through their approval process and list our products to the shelves based on their conditions. Therefore, ICUK’s business plans aim to entail further penetrations in more modern trades, careful allocation
granted for Power Purchase Agreement (“PPA”) from biomass of Pracharath project in 3 Southern provinces. The investment is classified as Asset Acquisition. The calculation basis is based on the Acquisition
of newly issued securities of any type except share by a foreign company which has been granted an approval for a public offering of newly issued shares in accordance with any notification; (3) an
entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand ( the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line Project
expense approximately by Baht 510 - 940 Million through the concession agreement period. 2. On June 28, 2018, the Company sold all 7.5 percent of investment in Xayaburi Power Company Limited (XPCL) to CK
statements Q1-2022 Q1-2023 THB Mn THB Mn THB Mn % Sales of goods and services 1,518.7 1,638.2 119.5 7.9% Revenue from finance lease under power purchase agreement 102.3 102.4 0.1 0.1% Cost of sales and
Shareholders’ Meeting for consideration and acknowledgement of the Company’s Operation Result of the Year 2019. 2. Approved to propose the Shareholders’ Meeting for consideration of approval for the 2019