shareholders meeting in advance, for which the Board of Directors deemed it appropriate to fix the base price for sale of shares in each subsidiary at the price with a discount not exceeding 10 percent of the
. Karnchang Public Company Limited (“CH. Karnchang”) Relationship : CH. Karnchang is the Company’s major shareholder, whereby as at the latest closing date of the share register on September 8, 2017, CH
(BGRIM) at “A” with “stable” outlook. The rating reflects the company’s position as one of the leading private power producers in Thailand, its well-diversified portfolio of cogeneration power units under
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