develop a Smart City On 2 April 2018, GPSC has signed MOU with Chiang Mai University to develop a Smart City within the Chiang Mai University to support knowledge about Energy Storage System in

' development progress not achieve the Company's target. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2017 Page 2 2. Operation performance according to

) Corporation Pte. Limited, an indirect subsidiary, made an advance payment for share subscription in the amount of USD 20.83 million to PT Medco Ratch Power Riau, an indirect joint venture, as to develop the

its plan for the project at soi Sukhumvit 19 from developing a condominium to develop a 4 stars hotel. The current progress is on design stage and choosing hotel brand operator. The Company targets to

NNCL had signed the Memorandum of Understanding (MOU) to develop Solar Rooftop, Energy Storage System and Smart Grid project in Nava Nakorn industrial zone that is expected to operate at the beginning of

of 100 MWh which is expected to COD at the end of 2019; the company continues to seek other batteries which are at good quality and suitable for usage to develop the on going projects. 6 Management

accounts receivable of Baht 72.80 million, increase in other current assets and other non-current assets of Baht 3.56 million, increase in cash advance payment for - 7 - purchase of assets of Baht 8.73

, increase in cash and cash in bank of Baht 18.43 million, increase in cash advance payment for purchase of assets of Baht 5.99 million, net increase in trade accounts receivable and other accounts receivable

. The details are as follows: Name of the Company: Dolsiri Development Co., Ltd. Objective: To develop, rent out and manage real estate projects Registered Capital: 1,000,000 THB (One Million Baht Only

returned to subcontractors of Baht 1.12 million and gaining of the advance payment for administrative expenses prior to contract commencement from 2 joint ventures of Baht 2.79 million whereas there has been