. This measurement was done by the independent appraiser and completed during . Net fair values of identifiable assets and liabilities of the entire three subsidiaries differed from the cost of investment

Exchange Commission and The Stock Exchange of Thailand and/or any related sectors in order to be successful on offering to sell UAPC Ordinary Shares to public. 4.2 Entire business of UAC Advance Polymer

Energy Company Limited and RICI International Investment Pte. Limited On August 25, 2017, Ratchaburi Energy Company Limited, a direct subsidiary, sold its entire ordinary shares totaling 1,260,000 shares

audience throughout the entire customer journey. Back in 2017, although VGI had considered various sources to assess the size of the advertising market, it was not able to obtain consistent information as

consequence of the decrease in purchasing power of customers since the end of the previous year which affected the entire IT industry including the Company. Nevertheless, the Company has continued to undertake

sales, which decreased by THB 704.60 million. This decline is a consequence of the decrease in purchasing power of customers since the end of the previous year which affected the entire IT industry

million, primarily due to 1) the revenue from the 10.8 MW Solar WVO - COOP projects which started commercial operation in December 2018 and 2) the consolidation of BGYSP after raising stake from 49.0% to

to PEA / MEA increased 157.7% y-on-y in 2019 to Baht 773 million and 29.9% y-on-y in Q4’2019 to Baht 165 million, primarily due to 1) the consolidation of BGYSP after raising stake from 49.0% to 100.0

Baht 174 million in Q1’2019) and 39.2% q-on-q (Baht 125 million in Q4’2018 to Baht 174 million in Q1’2019), primarily due to 1) the consolidation of BGYSP after raising stake from 49.0% to 100.0% in

% y-on-y in 6M’2019 to Baht 355 million, primarily due to 1) the consolidation of BGYSP after raising stake from 49.0% to 100.0% in Q3’2018 and 2) the revenue from the 10.8 MW Solar WVO - COOP projects