2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23
memorandum on Acquisition of Assets of Halcyon Technology PLC. (HTECH) Company’s Name Master Carbide Tools Company d/b/a Mastertech Diamond Products Company (or “MDP”) Transaction Date Within 30 June 2020 (in
13.0% in Q4 2022 to 11.5% in Q4 2023 due to lower production volume of automotive parts manufacturing business. However, Gross profit margin was within our target Gross profit margin of 10-12% Selling
pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to
relavant licenses within second quarter of 2018 The current can be successfully implemented. 8) GS and HYDRO would sign the project management contract for the production and distribution of water supply in
production of 123 KBD in March. Also, after the completion of the TAM, Bangchak refinery was able to consistently maintain high levels of production throughout the year. Total GRM decreased 32%, from the
controlling process in production and better efficiency in production line. 3. Selling expenses For Quarter 2 of the year 2020, the selling expenses was 2.66 million baht or 2.66% from sale revenue compare to
and the Sellers expect to execute the shares sale and purchase agreement and complete the purchase of COMASS’s shares within June 2019. The transaction constitutes an acquisition of assets pursuant to
disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (the “SET”) and to send a circular letter to the shareholders of the Company within 21 days from the
shareholders of the Company within 21 days from the date on which the information memorandum on entering into such transaction is disclosed to the SET. The details of the transaction as prescribed by Information