SAAM Energy Development Public Company Limited - 1 - 9 August 2019 Subject: Management Discussion and Analysis for the period ended 30 June 2019 To: The President The Stock Exchange of Thailand SAAM
. For the business trend would gradually improve due to the Company had launched the 30th-anniversary promotion of Jaymart and expanded the distribution channels with lower costs such as direct sales to
its own solar power project operated by its direct subsidiary. SAAM Energy Development Public Company Limited - 2 - For the year 2018, revenues are THB 71.73 million, a THB 1.75 million or 2.37
majority shareholder of the Company with a direct shareholding of 17.84 percent of the total issued shares of the Company and indirect shareholding of 22.48 percent of the total issued shares of the Company
Company based on the assumption that the rights under the warrants are exercised in full and ACO I will become a majority shareholder of the Company with a direct shareholding of 17.84 percent of the total
Subsidiary Seller : Thai Oil percent of the total issued shares of the Company, with both a direct shareholding and an indirect shareholding through Thaioil Power Company Limited (“TP”). Furthermore, Thai Oil
assigned to take direct responsibility for accounting supervision, the Company’s secretary and the representative for contact and coordination in case of a foreign company Attachment 2: Details of the
such company, clarify the reason for allowing the person with a potential conflict of interest to hold shares of such company instead of direct shareholding in the Company. 1.3.3 Relationship with major
Energy Company Limited and RICI International Investment Pte. Limited On August 25, 2017, Ratchaburi Energy Company Limited, a direct subsidiary, sold its entire ordinary shares totaling 1,260,000 shares