Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2021 of the Company and the subsidiaries
1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering
Acquisition and Disposition of Assets, 2004 (collectively, “the Notifications on Acquisitions or Disposal”) . If the base price used in the bidding process is applied in the calculation as the transaction value
3rd Quarter of 2016. This transaction has the significant impact when comparing the value of sharing of gain from investment value of the associates of the 3rd Quarter of Baht 3.95 million with the
acquisition of Glow Energy Public Company Limited (“GLOW”) in December 2019, the Company holds 99.83 percent of GLOW's total issued and sold shares, therefore in Q1/2020, the company recognizes the full
and The Middle East zones by Baht 55 million or increased by 26%. In prior year, these zones are facing economic problems. Therefore, during the last year, the company delayed sales transaction to
East zones by Baht 121 million or increased by 31%. In prior year, these zones are facing economic problems. Therefore, during last year, the company delayed sales transaction to several customers in the
Acquisitions or Disposal”) . If the base price used in the bidding process is applied in the calculation as the transaction value, the total transaction value shall be equivalent to 39.91% calculated based on