capital for marketing and after sales services operation in order to support new business operations of the conglomerate as planned. 4. Description of the asset to be disposed of 4.1 General Information
decreased was mainly from GHECO-One Power Plant operated only 48 days mainly due to scheduled major maintenance resulted availability of power plant decreased from 91.2% in 1Q2018 to 50.3% in 1Q2019
scheduled to achieve Commercial Operation Date in January 2018. WHA ESIE 4 water treatment plant achieved COD in January 2018 with capacity of 3,600 cubic meter per day and wastewater treatment plant 1,500
transmission systems and natural gas and the upcoming trend of disruptive technology in which GPSC has planned to handle with the change and consistently monitors the updates from the ERC. In 2018, the company
year. Finally, higher maintenance costs from scheduled kiln overhauls were a main contributor to the cost increase however that was a necessary sacrifice to improve capacity availability. Income tax was
are major kiln repairs scheduled for the second half of 2018 which will require considerable Capex investment in the range of 30mTHB however this has been planned and budgeted for. Net cash from
, allowing the company to fully realize their full capapcity profit in Q1/2018. In addition, the Availability Payment (AP) of Sriracha Power Plant also increased as there was no scheduled maintenance as it did
– Q1/2018 due to market competition and low factory workload at the time. In addition, these Projects startup delays meant that, instead of the staggered production as originally planned, these projects
of interests) deemed it appropriate to propose to the shareholders’ meeting planned to be held within November 2017 for their consideration and approval of the selling one part of Company Investment
Company planned to cease its operation in TL. The Company thus decided to dispose the ordinary shares in TL to mitigate possible impacts in the future if TL still continues its operation. The aforementioned