inconsistent with the facts to deceive other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering &
inconsistent with the facts to deceive other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering &
for two years. The later, on February 18, 2020, The Appeal Court reversed the judgment of the Criminal Court, not pending for punishment and not fines. The case was deemed final. On April 10, 2018, the
fine. The jail term was suspended for two years. The later, on February 18, 2020, The Appeal Court reversed the judgment of the Criminal Court, not pending for punishment and not fines. The case was
construction of Municipality Solid Waste Power Plant, an indirect subsidiary entered into contract with Krabi Municipality to provide waste management services (converting solid waste into electrical energy for
construction of Municipality Solid Waste Power Plant, an indirect subsidiary entered into contract with Krabi Municipality to provide waste management services (converting solid waste into electrical energy for
the party to EPC Contract with Toshiba Group separately. 2 For the entry into of LTSA Contracts, each of the Project Companies shall be the party to LTSA Contracts with Siemens Limited separately. 4
and its subsidiaries have contract revenues for Q1/2018 amount 127 Million Baht which is decrease of 118 Million Baht (48%) from Q1/2017 contract revenues. Q1/2018’s net loss of 32 Million Baht
subsidiaries have contract revenues for Q2/2017 242 Million Baht which is decrease of 28 Million Baht (10%) from Q2/2016 contract revenues. Q2/2017’s net profit of 8 Million Baht represents decreasing of 10
subsidiaries have contract revenues for Q3/2017 162 Million Baht which is decrease of 39 Million Baht (19%) from Q3/2016 contract revenues. Q3/2017’s net profit of 5 Million Baht represents increasing of 4