energy market. 1.4 Signing of Share Purchase Agreement to Invest in SPP Power Plant Project in Rayong Province On March 12, 2020, the Company has entered into Share Purchase Agreement to purchase 49

of 2018 were 51.9% and 50.8%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the

is equivalent to 26% of the paid-up capital, disposed to MCL Property Company Limited http://www.pacedev.com/ - 2 - Disposal Price and fair/book value of Common Shares : • The disposal price for

foreign exchange gain (loss) has taken into account fair value valuation of derivatives in accordance with TFRS9. 3. Adjusted Net Income is net profit attributed to the Company excluding "fair value of

of the total 66.00 per cent on the date of entire business transfer. The fair value of SUTGH is evaluated from the shares of 66.00 percent in SUTG by the TMB Bank (Public) Company Limited; the

customer perception. We continue to focus on delivering fair profitability balancing between short- and long- term drivers while keeping our solid financial strength. Market and Competitive Environment As

IFA Jay Capital Advisory Company Limited SET The Stock Exchange of Thailand SEC The Securities and Exchange Commission Notification of the Acquisition or Disposition Notification of Capital Market

the financial advisor (FA) to evaluate fair value of IGEN- ENEERGY as of 10 April 2019. FA has decided to use the Discounted Cash Flow Approach (DCF) to determine the value of consideration for the

of the Relating Transaction Such relating transaction is considered as the Related Party Transaction type 4 according to the Notification No. Tor Jor 21/2008 of the Capital Market Commission : Related

to higher number of land transfer. Moreover, the gross profit margin for 2019 was 50.7%. These gross margins had accounted for the fair value adjustment of the acquired business according to the