located in the industrial eastern seaboard of Thailand in Rayong and Chonburi Provinces. GLOW also owns a hydroelectric plant in Attapeu Province in Lao People's Democratic Republic (Lao PDR). As of 31

, the Company believes it is rationale to conclude the exchange ratio shall be derived from the current book value as at March 31, 2017 with a premium of 27.6% or equivalent to additional of 1.19 shares

financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, its high profitability, and reliable cash flows. 9 August 2018, The Board of Director’s

“stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising of water demand in the Eastern

per year, achieved COD in June 2019 in WHA Eastern Seaboard Industrial Estate 4 PERFORMANCE BY BUSINESS Total Revenue of Utilities Business was Baht 473.6 million in 2Q2019, a 12.1% increase from 2Q2018

and Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising

Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising of water

THB Mn % Sales of electricity - FiT, base tariff and Ft 727.0 770.9 816.7 831.7 15.0 1.8% 2,666.7 3,146.3 479.6 18.0% FiT Premium 33.2 14.7 20.7 22.1 1.4 6.8% 152.6 90.7 (61.9) (40.6%) Sales of

Mn THB Mn % THB Mn THB Mn THB Mn % Sales of electricity - FiT, base tariff and Ft 806.7 821.3 774.5 848.4 73.9 9.5% 3,146.3 3,250.9 104.6 3.3% FiT Premium 19.6 19.1 15.0 15.2 0.2 1.3% 90.7 68.9 (21.8

- - Issued and paid-up 140.00 100.00 40.00 40.00 Share premium 246.11 - 246.11 n.a. Retained earning Appropriated - legal reserve 5.09 5.09 - - Unappropriated 57.46 44.31 13.15 29.68 Equity attributable to