into consolidated financial statement or in case of any necessity by which mutual funds or trusts are unable to consolidate its subsidiary company’s financial information into the consolidated financial

the Requirement to Make the Tender Offer for all Securities of the Business by Virtue of the resolution of the Shareholders’ Meeting (Whitewash), Appointment of the Independent Financial Advisor and

- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public Company Limited And Phatra Securities Public Company Limited (Tender Offer Preparers) Phatra Securities Public Company Limited (Tender Offer Agent) “This English language translation of the Tender Offer has been prepared solely for the convenience of the foreign shareholders of Glow Energy Public Company...

of the newly-issued shares to specific investors (Private Placement) 7.1 Rationale and necessity for the capital increase The Board of Directors was of the opinion that, it is necessary for the Company

1 ( Translation ) Ref. NEP146-2017 October 25, 2017 Subject : Resolutions of the Board of Directors approving the capital decrease, the capital increase, the allotment of newly issued ordinary shares to investors in private placement, the acquisition of assets and convening the Extraordinary General Meeting of the Shareholders No. 1/2018 (Revise 3) To : President, The Stock Exchange of Thailand Attachment : 1. Capital Increase Report Form (F 53-4) 2. Information Memorandum in relation to the al...

business expansion, including the increase in the Company’s personnel, hence the necessity of additional space. Interested Directors : Mr. Jakkaphong Jakrajutatip and Ms. Pimauma Jakrajutatip who neither

at arms’ length) being applied to those transactions conducted with unconnected outside business parties or persons. The necessity and rationale for entering into transactions with parties with

subsidiary has necessity to move out of rental space, this plot of land can be substituted for the business operation. The Company also has another factory, located at 141 / 3-4 Moo 3, Bang Prong Subdistrict

necessity to move out of rental space, the Company has own another plot of Land, located at 91 Moo 1, Na Khok Subdistrict, Mueang Samut Sakhon District, Samut Sakhon Province, which can be utilizable for the

, which would generate profit to the Company in the future. 4.2 Rationale and necessity of the offering of the newly issued ordinary shares to the specific investors (Private Placement), i.e. Silom Road