2017. The summary of the appraisal value of the two appraisers appears in Annex 2. The proposed price may be increased or decreased in accordance with the negotiation between the WHART Trust and the
decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to 14.66%. However, CAZ will still be the Company’s subsidiary after IPO as the Company still has control
, mainly derived from sales of Biomass Power Plant which increase by Baht 284.4 million or 10.9% from increase sales of electricity. However, Sales of Natural Gas Power Plant decreased by Baht 253.3 million
percent mainly from the increase in repair and maintenance expense in accordance to the schedule but the amortization of intangible asset under concession agreement of the MRT Blue Line Project decreased
the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have decreased from 0.49 : 1 to 0.41 : 1 and from 0.69 : 1 to 0.64 : 1 as of 31st December 2017 and 31st
have booked in late 2017 and hence limited our ability to generate more license sales in 2018. Cost of Service Despite an 8.5% increase in revenue, our cost of service decreased by 4.44 mb or 1.5 % to