decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to 14.66%. However, CAZ will still be the Company’s subsidiary after IPO as the Company still has control
interest rate of 4.18% p.a. In December 2018, BGRIM issued the first green and climate bonds in Thailand with an amount of Baht 5,000 million which solely invested by Asian Development Bank (ADB) with term
increased significantly from China’s exports. The Mogas/Dubai crack spread (UNL95/DB) decreased by 0.63 $/BBL compared to the 12.15 $/BBL averaged in Q2/ 2018, a result of decrease in demand from the Northern
utilization of ‚working capital‛ to cover the investment fund for website and software system development. 3) Using the number of ‚net cash flows from operating activities‛ which is the number audited by the
Business Development, Ministry of Commerce, shall be authorized to make a change of and an addition to wordings in order to comply with the order of the registrar as well as carry out any necessary or
(BESS) with size of 625 kWh. The development of this project will strongly support the growth of ESS business in which the company has been placing importance on since, this will support the company’s
decrease its paid-up capital by way of canceling the listed shares which cannot be disposed of. The buyback of shares, the disposal of the shares bought back, including the determination of number, offering
afterward. The capital increase from Initial Public Offering would result in the marked decrease in Debt- to-Equity ratio and financial costs going forward. On November 14, 2019, the Company entered into the
and cost reduction, the overall performance still inferior to the Group own development biomass power plant. This was led to the decrease of gross profit margin of biomass power plant. 6 Administrative
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude