November 1, 2017 Re: Clarification on Extension of the Completion of the Acquisition of Shares in the Biogas Power Plant Project of Aukkarawat Plant Renewable Energies Co., Ltd. (the “Project”) To: President
October 31, 2017 (the “Transaction Completion”). The Company would like to clarify that the Transaction Completion will be extended for certain period as material conditions precedent required under the
approved the Transaction, the Company will enter into the relevant agreements in respect of the Transaction, in which contains conditions precedent, i.e. the completion of sale and purchase of shares in
such as the closure of some businesses, temporary reduce or change the working hours and the implementation of social distancing. These situation and measures have widely impacted the world economy many
concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost
liabilities stood at THB 7,174.9mn • Debt to Equity ratio stood at 1.04 times as of 31 December 2019, decreased from 1.14 times as at end of 2018 Change in accounting policies and reclassification in 2019
from sale. Besides, other income also increased from the revenue of by products, waste and material Information of the 2nd Quarter Consolidated Separate 3 months Change 3 months Change 2017 2016 Amount
business. 5 2) The Company does not have policy to materially change its core business. The Company and PF do not have policy to change the business operation. SAFARI Group intends to continue to operate in
payment or under contract amendment for collection in the next stage. Unbilled Receivables Due to its turnkey business, the revenue recognition is performed based on percentage of completion method which