After completion of restructuring and capital increase of TSEO, the Company will purchase the ordinary shares in TSEO of 40% of the total paid-up capital of TSEO where TSEO is a subsidiary with 100

value of 1 baht per share and the company has already registered the capital increase with the Department of Business Development, Ministry of Commerce on April 5, 2023. As a result, the capital issued

misuse of proceeds received from increase of capital by investing in shares and warrants of P Plus P Plc. The proceeds used to invest in the securities also exceeded the amount approved by GEN executive

has various sources of fund such as fund remaining for utilization of the proceeds derived from the capital increase, working capital, cash from the operating result that would normally be received from

there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the funds as stated in the prospectus. The Company’s

cash because the Board of Directors expected that there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the

consisted of paid-up share capital amounting to 60 million baht and share premium amounting to 86.50 million baht (after deducted expenses relating to capital increase). Please be informed accordingly Yours

Board of Directors of Company approved this transaction, there was the resolution on Non-proportional capital increase in subsidiary arising from conversion of debt to equity which the highest value is

associates and capital increase in associates proportionately. 2. Increase in investments in joint ventures of THB 300.6 mm, due to capital increase in joint ventures proportionately. 3. Increase in investment

from investments in associates and capital increase in associates proportionately. 3. Increase in investments in joint ventures of THB 178.3 mm, due to capital increase in joint ventures proportionately