of 87.50 million Baht, total investment is 1,487.50 million Baht. The company can repay the principal amount not less than 420 million Baht in September 2019 and June 2020 from the proceeds of the
Company Limited (“Subsidiary” or “Phuket Fantasea”) No. 1/2018 held on 7 March 2018, duly Resolved and Approved the issuance and offering of debentures of Phuket Fantasea in the principal amount of not
which include the principal and interest in the amount of 348,567,548 Baht with the Purchaser, The Company intends to dispose the Common Shares to the Purchaser at the price of 348,567,548 Baht to settle
of Contract : The Company will enter into a loan agreement or promissory note and specify the date of December 19th, 2022 as the due date for payment of principal Other Conditions : None Objectives
the Acquired Asset: Ordinary shares in BS15 in the amount of 500,000 shares, or equivalent to 50 percent of the paid-up capital. Claims on existing loan (both principal and interest) which BS15
has the remaining principal of 30 million baht. The Board of Director passed the resolution to extend financial assistance period for 3 months (May 13 – August 13, 2020). The extension of the payment
Change of the Company’s Name and Seal On April 12, 2019, the 2019 Shareholders’ Annual General Meeting of the Company had approved the change of the Company’s name and seal from Ratchaburi Electricity
Sriracha. On 19 November 2019, the Company increased investment in Dusit Colours Co., Ltd. by 51% resulting the 100% investment. In November 2019, the Company decided to change the objective of investing in
Company’s core business. 2) The Company does not have a policy to materially change its core business The Company and its subsidiary, Phuket Fantasea PCL, do not have a policy to change its business operation