(7,815) (139,239) (10,892) (232,419) Cash flows from (used in) financing activities (80,685) 75,938 (106,056) 157,358 Net decrease in cash and cash equivalents (18,121) (12,487) (16,808) (18,243) Cash and

operating activities 71,071 70,379 83,503 100,140 Cash flows used in investing activities (8,904) (7,815) (26,529) (10,892) Cash flows used in financing activities (57,397) (80,685) (52,660) (106,056) Net

- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public Company Limited And Phatra Securities Public Company Limited (Tender Offer Preparers) Phatra Securities Public Company Limited (Tender Offer Agent) “This English language translation of the Tender Offer has been prepared solely for the convenience of the foreign shareholders of Glow Energy Public Company...

for funding activities amounted to 34.99 million baht. Therefore, the Company’s cash and cash equivalent as of the end of 2018 amounted to 21.20 million baht. Financial Ratios Ratio unit December 31

disposal of intangible assets of 24.45 Million Baht Source of Funding Liabilities  As at June 30, 2017 the company has total liabilities of 1,994.93 Million Baht as 72.77 Million Baht increased when

such services, area size, materials selection, and the renovation expertise applied …/4 - 4 - 5. Funding source : From the company’s working capital 6. Those directors with possible conflict of interests

180.58 Equity 463.90 452.66 Revenues from sales 648.91 584.76 Net profit 17.76 9.75 (6) Funding source : The company’s working capital (7) Term of payment : Pay in cash fully in one time (8) Connected

disposal of intangible assets of 36.80 Million Baht Source of Funding Liabilities  As at September 30, 2017 the company has total liabilities of 2,015.31 Million Baht as 93.15 Million Baht increased when

the Company. So that the Company shall gain much more improved financial position and operating performance. 9. Source of Fund Used in Doing the Transaction From funding by increase capital 10

Transaction From funding by increase capital 10. Condition of Doing the Transaction When the permission for Franchise entitlement granted to HHC; WCIG must not operate competitive business against HHC. Opinion