% of total issued and paid- up shares was accepted for a total amount of THB 3,445 mn. Hence, CPN effectively has 67.53% ownership in GLAND as announced to the Stock Exchange of Thailand (SET) on

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for

management and operation. Presently, the Company holds 99.83% of the total issued and sold shares of GLOW and has completed the delisting of GLOW securities from the Stock Exchange of Thailand on 13 December

/2019 To: The President The Stock Exchange of Thailand Enclosures 1. Debt to Equity Conversion Scheme 2. Capital Increase Report Form (F 53-4) 3. Information Memorandum on the Connected Transaction of G

, mainly from net borrowing (after deducted loan repayments) of Baht 2,165 million for construction payments and the additional paid up in the capital of company’s related parties. There was the increase in

: • Lower inventories as the Company has enforced stock reduction policy • Decrease in property, plant, and equipment due to depreciation • Decrease in leasehold rights due to amorization • However, the