to find new export market and also expedite the new products in order to serve the new market segments i.e. Gas cylinder. Though the HRC price is soften in ASEAN of which affected from Trade War

Assets (Short-term investment) 84.10 4.43% 107.03 5.05% Account receivable, trade and others 383.52 20.23% 542.31 25.60% Inventories 532.97 28.11% 588.75 27.79% Other current assets 3.00 0.16% 4.04 0.19

equivalents and current investments 740 15.2% 1,216 13.2% Trade & other receivables 847 17.4% 641 7.0% Investment in joint venture and associates 181 3.7% 2,130 23.2% Property, plant and equipment 931 19.1% 877

equivalents 270.16 13.77% 211.33 9.98% Financial Assets (Short-term investment) 83.70 4.27% 107.03 5.05% Account receivable, trade and others 458.26 23.36% 542.31 25.60% Inventories 493.23 25.14% 588.75 27.79

14.55% Trade and other receivables 284.01 10.98% 278.26 10.45% (5.75) (2.02%) Short-term loans to related parties 50.00 1.93% 0.00 0.00% (50.00) (100.00%) Inventories 1,232.68 47.66% 1,349.33 50.66

Baht) December 31, 2022 December 31, 2023 Increase (Decrease) %YoYAmount % Amount % Cash and cash equivalents 122.52 4.74% 99.84 3.78% (22.68) (18.51%) Trade and other receivables 284.01 10.98% 273.09

) %YoY (Unit: Million Baht) Amount % Amount % Cash and cash equivalents 99.84 3.78% 153.04 5.21% 53.19 53.28% Trade and other current receivables 273.09 10.33% 352.21 11.99% 79.13 28.97% Inventories

resolved to approve the acquisition of up to 40% shares of total paid-up capital in TSE Overseas Group Company Limited (“TSEO”) which is a subsidiary with 100% shareholding by Thai Solar Energy Public

also, able to save the energy and reduce the maintenance cost. 4. Total Value of the Transaction Total value of air-conditioning and installation fee 5,900,000 baht, representing 0. 1182 % of the net

Microsoft Word - IM1_TSE_EN_ส่ง SET 15Dec2560.doc “Translation” INFORMATION MEMORANDUM ON THE DISPOSAL OF SHARES AND CONNECTED TRANSACTION IN   THAI SOLAR ENERGY PUBLIC COMPANY LIMITED (Revised) WAVE