shares of Co-Mass Company Limited (“COMASS”) with total investment of THB 160mn, thereby increasing MACO’s stake in COMASS to 100.0%. As a result, MACO fully controls COMASS, allowing us to utilise

company of WHAUP group with 33.33% stake, started commercial operation of its 8.6 MW waste-to-energy power plant in 4Q2019. PERFORMANCE BY BUSINESS Total Revenue and Share of Profit/(Loss) of Utilities

Singapore Type of Business To engage in the business of generating and selling electricity from solar energy in Thailand Registered Office 30 Raffles Place #10-04 Chevron House Singapore 048622 Company

of land with Title Deeds No. 4064 and No. 4065 located in Klong-Nueng Sub-district, Klong Luang District, Pathum Thani Province, at the contractual price of Baht 5.00 million, generating a profit from

. - 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

in the decrease in gross profit by Baht 26 million or 25%. “Electricity and Steam sales volume increased due to the expansion of power generating capacity after start-up of IRPC-CP (Phase 2) and ISP1

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

Power Business performance in a form of (i) Share of Profit and (ii) 4 Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant

to capital increase in joint ventures proportionately. 3. Increase in investment available-for-sale of THB 946.4 mm, mainly from reinvestment in WHART to maintain 15% stake and increase in market

in associates and joint ventures increased by THB 13,349 million; mainly from BCPG Plc., a subsidiary of the company, invested CapAsia ASEAN Wind Holdings Cooperatief U.A, which holds a 40% stake in