Analysis (MD&A) Page 2 of 16 Major Events in 2018 The acquisition of GLAND, which has high potential assets, is an important step for CPN to become a leader in mixed-use projects The acquisition of shares in
Transaction”) of which the transaction is considered as Connected Transaction in category of Receiving Financial Assistance, having transaction value of 19.21 percent of Net Tangible Assets or NTA of the
General Meeting of Shareholders No. 1/2018 considers and approves the reduction of the Company’s registered capital by Baht 89,200,714 from the existing Baht 259,250,000 to Baht 170,049,286, by means of
to the amalgamation, the assessment of fair value of assets and liabilities received from the acquisition is required according to accounting standards, resulting in the Company realizing goodwill from
crude and product oil price hedging contract, resulting in the performance to decline from Q1/2017. Nevertheless, performance was better than the previous quarter from the expenses reduction which was
loss from crude oil hedging contract and loss on foreign exchange. Other important events in this quarter: BCPG Plc. which is a subsidiary of the company, assessed the fair value of assets and
to investors in private placement, the acquisition of assets and convening the Extraordinary General Meeting of the Shareholders No. 1/2018 (Revise) To : President, The Stock Exchange of Thailand
to investors in private placement, the acquisition of assets and convening the Extraordinary General Meeting of the Shareholders No. 1/2018 (Revise 2) To : President, The Stock Exchange of Thailand
same period a year earlier due to the continuous rise in electricity Ft rate since May 2017. CPN, meanwhile, achieved efficiency gains with the reduction in electricity unit consumption compared to last