the Infrastructure Fund of Japan in September 2018. This resulted in the steady amount of overall electricity generated. There were also a profit from the sales of the aforementioned assets before tax
original fixed rate of Baht 3.76 per unit, resulting in electricity charge at 3.5966 Baht per unit (before VAT) for the period, which is unchanged from the previous period between May-August 2018. ERC has
Public Company Limited (“NEWS”), an existing shareholder of GNET, at the price of Baht 865.30 per share, which the total price is 164,403,759.95 Baht and the obligation to repay accrued debt together with
debt related to the conditional tender offer from the financial institution. Details of such capital increase is disclosed in the Information Memorandum Re: the Allocation of the Newly-Issued Ordinary
tender offer for all Target’s shares. In addition, the Company will raise funding from the capital increase via rights offering in the amount of Baht 600.00 million to repay the debt related to the
investments. Interest-bearing Debt to Equity As at 31 December 2018, the Company and its subsidiaries recorded Interest-bearing Debt to Equity (IBD/E) of 2.09x, an increase from 1.13x as at the end of last year
thousand two hundred and eleven Baht in total. UWC and the Purchaser agreed to determine the enterprise value of the Targets estimated on a cash-free and debt-free basis. In this connection, UWC and the
disposal of entities under common control - 0.0% 73 0.1% (73) (100.0%) Share of profit of associates and joint ventures 78 0.1% 96 0.2% (17) (18.2%) Profit from continuing operations before finance and tax
) -11.8 Total expenses 3,231 3,063 168 5.5 Profit before income tax expenses 4,311 1,099 3,212 292.3 Income tax expenses 1,257 229 1,028 448.9 Profit before share of profit from associates and NCI 3,054 870