Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

planned reflected stable growth from both volume and price  Share of Profit (Power Business) increased 241.1% YoY from 2Q2016 and 173.5% QoQ from 1Q2017 to record at Baht 685.9 million: 2 - GHECO-One back

business mainly from Gulf TS1 due to performing planned maintenance, despite higher contribution CCE due to started COD in November 2019. In addition, there was a Normalized Share of Loss of Baht 37.6

milion, a 9.1% increase YoY as planned reflected stable growth from both volume and price  Share of Profit (Power Business) increased 166.4% YoY from 3Q2016 to record at Baht 553.8 million with foreign

in TL at 96.75 % or 328,950 shares at a par value of 100 baht 2) Approval of the signing of a share purchase agreement for selling ordinary shares in Timelapse Co. Ltd. (“TL”) (the Subsidiary). The

the same period of the previous year by THB 878.15 million and THB 1,258.59 million, respectively. The decrease is owing to the decrease in the profit of HPC and RG from planned maintenance shutdown

”) which is distributor of 100% Battery Electrical Vehicles, in the amount of 1,100,000 shares with a par value of Bath 10 per share, which the Associate Company will call paid-up capital 25%, equivalent to

, resulting into delay of planned volume ramp-up and normalized share of loss of Baht 29.1 million for the quarter. As a result, Normalized Share of Profit from Investments in Associates is Baht 221.4 million

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

, a 11.4% increase YoY as planned reflected stable growth in volume  Share of Profit (Power Business) increased 162.9% YoY from 1Q2017 to record at Baht 659.2 million with foreign exchange gain of Baht