15.57% and when combining the transaction size within 6 months by 1.51% (Purchase of rights and assets from UFAS (Thailand) Company Limited ("UFAS") which had the highest transaction size according to the

the Acquisition of the Asset Criteria Cannot be calculated due to this is the transaction of the disposal of land and buildings Thus, there’s no transaction of assets disposal within 6 months backward

policy is maintained by limiting the D/E ratio1 at below 1.5 times.   Cash Flow   During the first 9 months period of 2019, the Company had net cash received from operating activities of THB 675.1mn. The

Outlook Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production was 443.0 million tons in the first three months of 2020, significant decrease by

2,370.4% from the first quarter of 2020. For the period of six months of 2020, the normalized other income was THB 197.4 mm, increased by 6.0% from the same period of last year. Expense Analysis Change

months Changes 2020 2019 % 2020 2019 %ะ Revenue from expressway business 1,506 2,521 -40.3 3,806 5,103 -25.4 Revenue from rail business 816 1,162 -29.8 2,109 2,373 -11.1 Revenue from commercial development

16 for THB 519.09 million and decrease in depreciation of the 6-months period for THB 66.58 million net from the increase in property, plant, and equipment of THB 141.91 million. Increase in right-of

financial statements ended September 30, 2019). Upon including the transaction size of the acquisition or disposition of assets of listed companies which occurred during the previous 6 months, there are

other accounts receivable decreased THB 26.39 million or 1.45%. The balance of trade accounts receivable which was overdue by over 6 months was THB 478.46 million, it has been collected in total of THB

gives the highest transaction value. In this regard, B.Grimm Power does not have any foregoing acquisition transaction within the past 6 months prior to entering into this transaction. Therefore, the