) of Baht 26 million in 2019 while the revenue from Combined Electricity and Power Company Limited (CHPP) had a slight fall in revenue corresponding to existing projects. PAGE 4 MANAGEMENT DISCUSSION

Shareholder, which will be held on 29 April 2020). AWARDS AND RECOGNITION  The Company won the Best Investor Relations Award and Outstanding Investor Relations Award from SET Awards 2019. The award was given

the Sellers in amount of THB 11,200,000 on the execution date of the Agreement to sell and purchase shares. For the outstanding share price in the amount of THB 28,954,958.77 (calculated based on the

” (TFRS9). Summary of Operation for Q4-2020 Topic Outstanding by Quarter Change Q4 – 20 Q3 – 20 Q4 – 19 Q4 – 20 VS Q3 – 20 Q4 – 20 VS Q4 – 19 (MB) (MB) % (MB) % Total Revenue 2,070.7 2,241.1 2,280.3 (170.4

14,563,641, or equivalent to THB 502,579,923.63) (the “Partial Repayment”). 3. ACO I agreed to reduce a part of the Trade Debt (i.e. a haircut) by waiver of the outstanding interest of USD 15,000,000, or

”). 3. ACO I agreed to reduce a part of the Trade Debt (i.e. a haircut) by waiver of the outstanding interest of USD 15,000,000, or equivalent to THB 517,638,333.33. As a result, the Company’s outstanding

) NFS 2Q2019 Justification and Necessity Year 2018 The six-month period of year 2019 1. Mrs. Amara Leelawat Rental Expense for employee’s dormitory Dormitory Rental Expense Outstanding of Payables at the

การจ าเป็นตอ้งสง่ Master File ใหผ้า่นครบทกุ File กอ่นสง่ Outstanding File 7.4 บรษัิทจัดการมหีนา้ทีใ่นการสง่รายงานจนกวา่จะไดรั้บ mail แจง้ตามตวัอยา่งดา้นลา่ง หรอื สถานะการสง่รายงาน ทีเ่มนู Submission

amended) (the “Acquisition and Disposal Notifications”). The value of the Entire Business Transfer Transaction of not more than Baht 14,500 million combined with the estimated additional capital investment

/Litre, lowered by 5% YoY, a result from lubricant product’s rising cost compared to their stagnant price, combined with slight dips in retail marketing margin. Marketing margin decreased 1% QoQ, from