the following transactions and proposed that the shareholders meeting consider and approve the Company to acquire the shares and make a tender offer for the entire securities of Glow Energy Public

Transaction constitutes an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering 2 into Material Transactions Deemed as

of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering 2 into Material Transactions Deemed as Acquisition or Disposal of Assets and

past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful accounts is adequate in the current circumstances

(“AP”) during 2Q-4Q 2017 to fully compensate lower AP revenue in 1Q2017 if GHECO-One achieve Contracted Available Hours (“CAH”) of 2017  Outstanding plant availability after planned maintenance with

policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful

from the investment of Apollo had resulted in the ability to terminate the outstanding debts to financial institutions as well. However, if the Company can transfer the remaining backlog residences of

was able to repay loans during the period. Apart from that, the capital increase from the investment of Apollo had resulted in the ability to terminate the outstanding debts to financial institutions as

outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful accounts is adequate in the current circumstances. Inventories Unit: Million Baht Consolidated

long-outstanding receivables has recorded in accordance with the Financial Reporting Standard No. 9 Financial Instruments (TFRS 9) and also the employee-related expenses have increased. -3- Financial