and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years on the area of 12,935 Square Meter
the land of 7 title deeds with connection of one. Total area is 1-1-62 Rai (562 Square Wa). The lands are located on Tumbol Bangpongpang, Amphor Yannawa, Bangkok which are next to the Rama 3 Road, on
Cooperatief U.A. having 40 percent stake in the PetroWind Energy Inc. which is operating wind power plants in the Philippines (wind power plant of 36 MW in operation, and 14 MW in development). As such, power
is disclosed to the SET. 1. Transaction Date After the meeting of Board of Directors’ Meeting No. 3/2018, held on 26 February 2018 approved for the purchase of 100 percent stake in Target Company. On
million, primarily due to 1) the revenue from the 10.8 MW Solar WVO - COOP projects which started commercial operation in December 2018 and 2) the consolidation of BGYSP after raising stake from 49.0% to
% y-on-y in 6M’2019 to Baht 355 million, primarily due to 1) the consolidation of BGYSP after raising stake from 49.0% to 100.0% in Q3’2018 and 2) the revenue from the 10.8 MW Solar WVO - COOP projects
with Rabbit-LINE Pay (RLP) through an investment of Bt788mn to buy 33.33% stake of the JV. In realizing the JV’s performance, AIS shares 33.33% of the JV’s net profit recognized as an asset under
(Singapore) Private Limited (“VGI MACO”). VGI and MACO holds a 75% and 25% stake in the company, respectively. Later, VGI MACO has entered into a joint venture agreement with Sinarmas Group in order to engage
Bt309mn (see significant event). As a result, net profit was Bt7,469mn, +14% YoY and +3.5% QoQ. Significant Events 1. On 2 nd October 2017, AIS submitted an intention to acquire the entire stake, upon
, and (iii) Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. Projects under