1%. • Progress of Corporate Income Tax penalty assessment from the Revenue Department GPSC has been assessed by the Revenue Department for the Corporate Income Tax in respect to 1999 and 2000 revenues
as indicated in the table above which is assessed from Discounted Cash Flow method according to the shareholding of NMG in each business. The Board of Directors is of the view that the recommendation
that this transaction is appropriate in light of price and conditions since the value of consideration of KMM is higher than the assessed price. Also, the Company will be recognized the profit in
Dhunseri in the PET business in Egypt. Thereafter, it acquired a majority stake in MEDCO, the largest PET packaging company in Egypt, in order to strengthen its packaging offering to key bottlers in the
2019. These strengthen EGCO’s existing footholds in the Philippines and Lao PDR. - EGCO successfully signed Share Purchase Agreement to hold 25% stake in 640 MW Yunlin offshore wind farm in Taiwan
currently the Company’s Major shareholder, hold 66.00% stake in SUTG. Moreover, The Board of Directors Meeting of the Company No.9/2019 held on August 15, 2019 has approved the Loan for SUTG with revised
is the majority shareholder and has a control stake in the Company. 8. Summary of material contracts within 2 years 1. Agreement for Billboard Installation at the BMA’s Flyover Pillars – Group 2, and
the agreement with PTTPL to be EPC for solar rooftop and BESS project On 13th July 2018, Combine Heat and Power Producing Company Limited (CHPP), in which GPSC has hold 100% stake, has signed the