acquired the business of the private company to itself pursuant to Section 107 (2) (b) of the Public Limited Companies Act B.E. 2535 (1991) (as amended), prescribing that the acquisition of the business of
the Company has acquired the business of the private company to itself pursuant to Section 107 (2) (b) of the Public Limited Companies Act B.E. 2535 (1991) (as amended), prescribing that the acquisition
within the scope of laws. Furthermore, the acquisition of the ordinary shares in S-TREK is equivalent to 51 percent of the total shares sold of S-TREK. It is hence deemed that the Company has acquired the
+ F1 F2 F3 Very strong capacity for payment of financial commitments - a minimal difference compared With AAA AA+ AA AA- Aa1 Aa2 Aa3 AA+ AA AA- Strong capacity for payment of financial commitments - it
investments means the difference between the book value and fair value of investment, which is determined by the Accounting Standard to be reported in the shareholders’ equity. 25. Retained earning (deficit
(deficit) in investments means the difference between the book value and fair value of investment, which is determined by the Accounting Standard to be reported in the shareholders’ equity. (Translation) -20
book value of the asset. 24. Revaluation surplus (deficit) in investments means the difference between the book value and fair value of investment, which is determined by the Accounting Standard to be
will be valued using fair value method and the difference in fair value will be reflected in Goodwill. However, the company remains committed to implement operational excellence and the optimization of
common control, the consolidated financial statement shall include operating results of such entities from the beginning of the year such entities are acquired to illustrate full year operating results
. Inclusive of the newly-acquired Glow SPP1, BGRIM has 19 gas-fired combined cycle cogeneration power plants and total operating capacity (from both cogeneration and renewable) of 2,200 MW as of Q’1 2019 while