MW solar farms in Thailand have been acquired in 2016 and 2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Padaeng Industry Public
of 2018 were 51.9% and 50.8%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the
Agreements”) with BCB and the relevant parties and, at the current stage, has acquired 20% of the total shares in BCB. Pursuant to the Investment Agreements, the Company is entitled to nominate one (1
in total; THB 48,500,000 for Dried Fruits business and THB 25,500,000 for FD new ordinary share (51 percent of registered and paid-up capital) Value of the Acquired Assets 1. 51 percent of new ordinary
subsidiaries had been minimal due to the revenue generated from continuing work on large projects acquired from last year which resulted in satisfactory revenue and net profit for this period. Nevertheless, it
and disposition of assets according to the Notification of the Capital Market Commission (Including items acquired by any occurred during past 6 months) which has the transaction value based on the
benefits from said investment transaction on a long-term basis. .../2 Translation - 2 - (6) Details of acquired assets Name of the company issuing debentures : Saha Pathana Inter-Holding Plc. Type of
made an allowance for the value of land awaiting development amounting to 91.33 million baht from the difference from the appraisal value compared to the acquired value. Page 3 of 3 4. Financial costs of
million baht from the difference from the appraised value compared to the acquired value. 4. Financial costs of 14.30 million baht, a decrease of 8.15 million baht or 36.29 percent due to the redemption of
; “principal asset" means the following assets: (1) with respect to property funds, real estate the title, lease, usufructs or superficies over which have been acquired by the property funds; (2) with respect to