to accurately forecast the trend of natural gas prices and fuel charge adjustment (Ft ). • Drought situation in 2020 will continue from 2019 due to the effect of El Niño phenomenon, resulting in less

Office within seven days from the date on which the approved entity becomes aware or should have been aware of such situation. 18 Clause 30 The approved entity shall arrange that the bonds offered for sale

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 30 Notification of the Office of the Securities and Exchange Commission No. Nor Por. 3/2559 Re: Guidelines for Establishment of Information Technology System ______________________ Whereas the Notification of the Capital Market Supervisory Board No. Tor Thor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems...

(Appraisal surplus) หมายถึง สวนเกินจากราคาทุนหรือราคาตามบัญชีของทรัพยสิน 24. สวนเกินทุน (ต่ํากวาทุน) จากการเปลี่ยนแปลงมูลคาเงินลงทุน (Revaluation surplus (deficit) in investments) หมายถึง สวนตางระหวาง

election slated in November 2020. Even though tension over the US-China situation eased somewhat after Phase One of a trade deal was reached in mid-January 2020, the details of any further negotiations are

system to meet the demand of the customers. Q1/2018 Market environment and Directions in 2018 In terms of the situation in the power industry for the year 2018, the Energy Regulatory Commission (ERC

identify the applicable share swap ratio for the Transaction, and may subject to the situation from time to time; 1. Discounted Cash Flow Method (“DCF”) • The discounted cash flow method will be applied to

price, therefore the private placement does not limit the rights of existing shareholders. The Board of Directors see that the offered price is suitable for the situation. 7 .6 Worthiness of benefits

investors. The debenture was rated A+(tha) by Fitch Ratings (Thailand) which reflects the strength of the company’ financial situation. In this offering, the booking of this debenture is 7 times higher than

client or is necessary and useful for the client in the situation at that time; (2) dealing the transaction similarly to arm’s length transaction basis; (3) conforming to additional conditions (if any), as