transaction Because the company has excess liquidity from operations and capital increase from IPO during the periodastherDue to the company has excess cash from operations and capital increase from
referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business
excess palm oil in the system to solve the problem of falling palm prices by subsidized palm fruit price, increase the proportion of biodiesel blends to B10 in some parts of Thailand and B20 for fleet in
shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned. The development was prolonged until the additional
% 1,572 7.8% Equipment – net 1,615 16.8% 1,695 8.4% Investment in JVs, associates and other long-term investments 1,421 14.8% 7,685 38.1% Goodwill and excess of acquisition costs and net assets 1,748 18.2
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
projects in Q4-2020. For example, in Q4–2021, two projects in excess of 100 MB were recognized with a total value of 311.6 MB, whereas in Q4-2020, five projects in excess of 100 MB were recognized with a
is disclosed to the SET. 1. Transaction Date After the meeting of Board of Directors’ Meeting No. 3/2018, held on 26 February 2018 approved for the purchase of 100 percent stake in Target Company. On
million, primarily due to 1) the revenue from the 10.8 MW Solar WVO - COOP projects which started commercial operation in December 2018 and 2) the consolidation of BGYSP after raising stake from 49.0% to