profit margin in the third quarter of 2017 was 57.2%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However

the Information Memorandum on Asset Disposal, Transaction No. 2, and are attached hereto as Enclosure 3. Sincerely yours, (Mr. Peerapong Jaroon-ek) Director and Chief Executive Officer Authorized

in the third quarter of 2017 was 56.6%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the

margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin during 3 months and 6 months ended the

revenue increasing derived from the new biomass power plants which the Group acquired in the third quarter of 2020 and revenue recognition of biomass power plant in Khlong Khlung, Kamphaeng Phet Province

therefore authorized Chief Executive Office to perform any action related to such transaction. The Company also considered and found that such disposal and acquisition of asset are important transaction and

Board of Directors’ Meeting therefore authorized Chief Executive Office to perform any action related to such transaction. The Company also considered and found that such disposal and acquisition of asset

it appropriate that the shareholders’ meeting resolve to appoint the President and Chief Executive Officer or any persons delegated by the Board of Directors to be authorized to undertake any and all

comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for

Company has not acquired other assets. Therefore, the aggregate value of the transaction will be equal to 27. 07 percent, which is considered as a Class 2 transaction, that is a transaction that has a value