flooding in various areas. Also, there was an intense competition in the industrial market. While sales volume of the retail market was slightly lower, consequently due to the seasonal factor which had lower

, due to the intense competition and the higher lubricant raw material costs. This led to the company’s net marketing margin to soften marginally. 3. As of Q1/2018, the total number of service stations

be allocated -None- 5. Control dilution and price dilution Effects on control dilution to shareholders of BBGI and the Company Under the BBGI ESOP Scheme, the number of new ordinary shares to be

CONSTRUCTION ABBREVIATION & OUR PROJECTS Management’s Discussion and Analysis B.GRIMM POWER PUBLIC COMPANY LIMITED12 Disclaimer None of the Company makes any representation or warranty, express or implied, as to

Board of Directors’ opinion provided in Item 9 -None-

different from that of the Board of Directors under clause 9 None The Company certifies that all information contained in this Information Memorandum is true and accurate and has carefully been prepared

Audit Committee and/or directors of the Company which is different from that of the Board of Directors under clause 9 None The Company certifies that all information contained in this Information

Directors’ opinion under Clause 10 None of the directors and/or the Audit Committee had a different opinion from of the Board of Directors of the Company No. 3/2018 on 25 April 2018.

as working capital, repay debts, and accommodate the needs of cash flow. 9. Opinions by the Audit Committee and/or director significantly different from those by the Board of Directors – None – 006

December 31, 2016, the Company had capital commitments of Baht 5 million (2015: none), relating to the purchases of machinery, equipment and motor vehicles. The Company has entered into several lease