financial institutions of THB 132mn, and repayment of liabilities under lease agreements THB 325mn. MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13 AUG 2020 U CITY PCL 2Q 2020 - MD&A (for three-month and six
receiving the approval from the 2020 shareholder’s meeting which is scheduled to be on April 30th, 2020 2. The related agreements to the investment Purchaser Provincial Waterworks Authority Seller Joint
population in Bangkok and northern Metropolitan zone. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2020 Page 3 1.3 Signing of Power Purchase Agreements for Collector Wind Farm in the
in Surat Thani "Self-Managed Hotels"; (2) Six hotels operate under the Outrigger brand and manage under hotel management agreements, which consists of two hotels in Thailand, two hotels in the Republic
. The proportion of stores owned and operated by the Company and stores under franchise agreements is approximately at 30% and 70% respectively. In the future, the company has planned to further introduce
power purchase agreements. In addition, gross profit margin of municipal solid waste power plant for the year 2021 also decrease from the year 2020, due to the power purchase agreement of municipal solid
conditioned in the FiT power purchase agreements. This was lead to the decrease of gross profit margin of biomass power plant. However, gross profit margin of municipal solid waste power plant for third quarter
the FiT power purchase agreements. In addition, the biomass power plants, which the Group acquired in the third quarter of 2020, although the Group had significantly improve the machinery’s efficiency
concerning a real estate for the REIT, the REIT manager shall perform the transaction in accordance with the following rules: (1) ensure that the dispose agreement of the real estate or other agreements
material agreements; (d) The benefits or impacts of the business management policy or plan of the applicant, including the feasibility of such business management policy or plan; and (Translation) - 6 - (e