SINO-THAI ENGINEERING AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SITRON POWER PUBLIC COMPANY
the principal distribution channel that has been increasing consecutively, from the customer base expansion in accordance to the Company’s strategy, as well as the fact that the Company has begun
12,913,122,788 ordinary shares issued to BTSG as per the resolution of the Extraordinary General Meeting of Shareholders No. 2/2014 held on December 29, 2014. Following such reduction of the registered capital
resolution to approve this transaction, the Company shall enter into the Memorandum of Understanding and the Joint Venture Agreement with MERCURIA. The transaction shall be completed upon the conditions
transaction, whereby the resolution with respect to the entry into the transaction shall be passed by votes of no less than three-quarters of the total votes cast by the shareholders attending the meeting and
policy of no less than 40% of annual net profit. On February 20, 2020, the Board of Directors passed a resolution to propose to the Annual General Meeting of Shareholders, to be held on April 24, 2020, to
advisor and convene the Shareholders’ Meeting of the Company for approval of execution of such connected transaction, whereby the resolution of the Shareholders’ Meeting for approval of such transaction of
payment of THB 204 million as the company’s BOD approved resolution for the 2H2017 performance. Statement of Cash Flows The company had cash from operating activities of 1,039 THB million which included 1