borrower, and the borrower has to pledge asset as collateral to the lender in order to guarantee the borrower’s performance of obligation. Additionally, the lender has to return the collateral to the

more than 2.00 percent annually for two years and being interest-free for the first 6 months. Commercial banks continued to place greater emphasis on liquidity management with a focus on restructuring

crude oil; their trade partner not being able to use the dollar to complete the transaction, and the second stage of the sanction is due to be completed in 180 days on November the 4 th, 2018. Analysts

, it supports local employment for income distribution and the well-being of local people. So far, EGCO has faced no complaints from communities surrounding its power plants - Innovation Since EGCO

”). The highest transaction value equals to 45.04 percent based on the net tangible asset basis, being considered as a Class 2 transaction in accordance with the Notification on Acquisition or Disposal of

16.18 percent based on the net tangible asset basis, being considered as a Class 2 transaction under the Notification on Acquisition or Disposal of Assets. As a result, the Company is required to

shareholders of the Bank and Permata granting approval for the Transaction and the approvals of the Bank of Thailand (“BOT”) and of Otoritas Jasa Keuangan (“OJK”) of Indonesia being granted for all matters

financial statements and operation result of Nam San 3A for fiscal year of 2016, 2017 and 20183 (using the average exchange rate being at LAK 291.46 to THB 1 as of 17 January 2020 announced by the Bank of

the par value of the Company after being granted approval from the shareholders’ meeting pursuant to Section 52 of the Public Limited Companies Act B.E. 2535 (as amended). PP Transactions are considered

Crossroads not Page 4 of 5 being consolidated upon the Company’s investment in 1st Phase Development of Crossroads in February 2018, as mentioned previously. Other Business Performance of this part constitutes