anticipates that the relevant issues should be resolved and the purchase of GLOW shares should be completed by the first quarter of 2019. • Entering into Share Purchase Agreement to acquire Solar Power Plants
Galoc oil field in the latter half of 2018, after the company group sold its shares in Nido Production (Galoc) Pty. Ltd., which holds the rights to 55.8% of the Galoc field. The transaction was completed
, Bangpakong pumping project and Tubma reservoir project; after depreciation and amortization of the completed projects. - Other Non-current assets were 1,004.86 million Baht, rose by 662.29 million Baht mainly
formulation optimization. During the year, the Company has utilized IPO proceeds to invest as planned. The new glass factory (SGA2) has completed in Q3’19 and started commercial operations in Oct’19. This
Limited – has been completed on February 19, 2020 CS-02/2020/005 26 February 2020 Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company
solution projects, Bangpakong pumping project and Tubma reservoir project; after depreciation and amortization of the completed projects. - Other Non-current assets were 939.63 million Baht, rose by 597.05
, based on average rate of commercial banks as published by Bank of Thailand on 7 August 2019). The share transfer was completed in end of October 2019 WHA Eastern Seaboard Industrial Estate 4 (WHANGD 4
equipment, it decreased 23.78 million Baht. Machinery and other assets decreased due to depreciation based on rules and transfer of completed assets during installation to machinery and equipment assets. - 10
the project has progressed 99.84% (The construction plan was 100%). Consequently, the project was completed and its operation started on July 20, 2017. - Banpong Utilities Company Limited, (EGCO holds a
construction has been completed during early of Q2/2017. In addition, recognition of administration and maintenance cost of assets will begin after the acceptance of construction work. However, direct cost of