increase in revenue was higher than the industry growth (in terms of volume) of 3.1% year-on-year due to the following reasons: 1) Automotive Parts Business; Increase in customer orders from existing clients
and irrigation agencies that had already been accelerated. State-owned enterprises' capital expenditure contracted in line with disbursements in energy and transportation investment projects. However
are as follow: 1) The Company purchase an existing ordinary share of High East Capital Holdings Limited (“HECH”) from Miss.Kantima Rodsatru (Daughter of one of the GS’s ultimate shareholders) exisiting
and in budget for 26 consecutive projects during the last 7 years. Investment in the industrial waste to energy power plant project In January 2018, B.Grimm Power announced the investment in the
resolved to approve the acquisition of up to 40% shares of total paid-up capital in TSE Overseas Group Company Limited (“TSEO”) which is a subsidiary with 100% shareholding by Thai Solar Energy Public
office. 7 Acquisition through the chain principle means an acquisition of the significant control over a juristic person that is an existing shareholder of the business. The significant control shall
over a juristic person that is an existing shareholder of the business. The significant control shall include (1) holding of shares conferring 50 percent or more of the total voting rights in the
principle means an acquisition of the significant control over a juristic person that is an existing shareholder of the business. The significant control shall include (1) holding of shares conferring 50
through the chain principle means an acquisition of the significant control over a juristic person that is an existing shareholder of the business. The significant control shall include (1) holding of