COMPANY LIMITED 87/2 CRC TOWER. 52TH FLOOR, ALL SEASONS PLACE, WIRELESS ROAD, LUMPHINI, PATHUMWAN, BANGKOK 10330, LUMPHINI, PATHUM WAN, BANGKOK 10330, THAILAND Telephone : +660 2351 1800 Ext. 3 Fax : 28/01

Microsoft Word - 2019-03-13_การขายหุ้น DDCJ_TH Pace Development Corporation Public Company Limited 87/2 CRC Tower, All Seasons Place 45th Fl., Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330

Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International (Singapore) Corporation Pte. Ltd. (“RHIS”), an indirect subsidiary, entered into a Joint Venture Agreement to establish

the EXAT to compensate the Company for damages as follows: 1) Damages, together with interest, amounting to Baht 1,048 Million, and default interest under the Second Stage Expressway Agreement on such

be authorized to perform any actions related to the disposal of Land and Buildings to NML, including to sign and negotiate terms and other details in land and buildings sale and purchase agreement

12.3% Revenue from finance lease under power purchase agreement 103.2 101.6 104.9 3.2% 1.6% 306.9 305.7 (0.4%) Revenue from construction under a concession arrangement 215.0 - - - N.A.(

2.8% Revenue from finance lease under power purchase agreement 95.3 102.4 104.5 2.1% 9.7% 197.6 206.9 4.7% Cost of sales and services (1,174.0) (1,274.4) (1,191.7) (6.5%) 1.5% (2,323.4) (2,466.2) 6.1

% 4,669.2 4,458.3 (4.5%) Revenue from finance lease under a Power Purchase Agreement 105.2 106.3 102.8 (3.3%) (2.3%) 312.1 314.0 0.6% Cost of sales and services (1,168.7) (1,168.5) (1,272.2) 8.9% 8.9

1,139.5 1,182.8 1,148.4 (34.4) (2.9%) 4,540.2 4,586.4 46.2 1.0% Revenue from finance lease under power purchase agreement 100.9 102.8 103.2 94.3 (8.9) (8.6%) 410.4 401.2 (9.2) (2.2%) Revenue from

Company’s liquidity problem and inability to repay a large amount of debt. Through the years, the Company engaged in several debt restructurings, as in 2010, where the Company entered into an agreement for