. - To increase and expand business channel by having a subsidiary which has certain part of business having nature differently from the mother company, of which is the channel for generating continued
of services that have increased. The additional services have been available since late June 2023 and are expected to start generating revenue clearly in 3Q2023. In 6M2023, the Company had services
carry out a soil and coal extraction and transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50
favourable price and conditions. The company will benefit from increasing the business opportunity and generating the better returns on a long-term basis. (15) Opinions by The Audit Committee and/or Director
joint venture agreement, NWR(SBCC Joint Venture, to carry out a soil and coal extraction and transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand
shows a higher gross profit margin than other businesses of the group. However, the group began to recognize revenue since January 2017 at the generating capacity of 16.47 MW. Selling and administration
Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50% interest. As a result of the final receivership order issued by the Court, Saraburi is considered to be in breached
Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50% interest. As a result of the final receivership order issued by the Court
transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50% interest. As a result of the final receivership order
projects as planned together with short-term loans from banks to be working capital. In the other hand, the company was still managing the cost of goods sold efficiently due to generating the gross profit at