Credit (SBLC) in the amount of up to USD 50 Million by the Company to Indo Rama Synthetics (India) Limited (“IRSL”), a connected party. Rationale of the transaction: Post-acquisition of equity stake and

around 923,000 units, a growth of 6.0%. In the equity market, the average daily turnover (SET and mai) for the first quarter of 2018 increased from Baht 50,114 million in 2017 to Baht 71,182 million, a

be around 923,000 units, a growth of 6.0%. In the equity market, the average daily turnover (SET and mai) for the first quarter of 2018 increased from Baht 50,114 million in 2017 to Baht 71,182 million

Operating Debt to Equity (times) 0.39 0.54 0.80 (51)% 0.39 0.80 (51)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may

generation capacity and 10 tons per hour of steam generation capacity with the project cost of approximately Baht 3,105 million (the debt proportion is approximately 75 percent and the equity proportion is

Net operating debt to equity at 0.61 times with strong operating cash flow. Dividend payout remain much higher than its stated policy of 30% of net profits. Perpetual debenture of THB 15b refinanced at

acquisition of Spindletop and startup of Lake Charles cracker did not provide us the typical earnings which we had built in our business case. Our strong balance sheet and the strategic fit of these gas based

Company entered into a Sponsor Support Agreement with NBM and EBM to provide financial support in the form of shareholders’ loans or the provision of shareholders guarantee in proportion of investment 10

Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2021 of the Company and the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2022 of the Company and the subsidiaries (“the