lease under a Power Purchase Agreement 104.5 104.9 106.3 1.3% 1.7% 206.9 211.2 2.1% Cost of sales and services (1,191.7) (1,121.4) (1,168.5) 4.2% (1.9%) (2,466.2) (2,289.9) (7.1%) Gross profit 421.6 350.0
Page 2 Management Discussion and Analysis 1. Significant events in the second Quarter of 2018 The progress in construction projects - Xayaburi Project, a project of the Xayaburi Power Company Limited
and Allocation of the Newly Issued Ordinary Shares and the Newly Issued Convertible Debenture of Hydrotek Public Company Limited to the Specific Investor (Private Placement) 3. Capital Increase Report
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
the Offering and Allocation of the Newly Issued Ordinary Shares and the Newly Issued Convertible Debenture of Hydrotek Public Company Limited to the Specific Investor (Private Placement) 3. Capital
December 12, 2018 Subject : Acquisition of 84.50% shares of WPS (Thailand) Co., Ltd. Attention : Director and Manager Stock Exchange of Thailand Enclosure : 1. Memorandum of the Acquisition of Asset
? shares, construction contracts, machinery procurement and installation contracts, as well as misuse of NE and ESES whose controlling person was Bhusana as a channel for committing fraudulent acts in many
Issued by Foreign Company Whose Shares Are not Traded on Foreign Exchange, mutatis mutandis. In this regard, the SEC Office has the power to issue an order in connection with the said compliance under the
and paid-up ordinary shares of TBSP. Consequently, the Company has rights or interests in the returns of TBSP and able to use power to direct the activities that has significant effect to the amount of
the shares of ADAM, which can be traded on the Stock Exchange. This act was deceitfully planned with the Board of Directors of ADAM in exercising its power to sign the agreement to buy the shares of