Bangpakong Solar Power Co., Ltd. which is 51% held by the Company starts to recognize revenue. 2.3) Cost of Real Estate Development increase THB 49.71 million due to in year 2017 the subsidiary starts to

renewable energy project development overseas, (2) land rental for solar projects operating under SAAM, SAAM-1, SAAM-2, and SAAM-3, and (3) depreciation expense for buildings and equipment. In 2019, cost of

year mainly due to: 1.1) Revenue from selling of electricity increase 23.91 million baht or 100% due to the Company recognized revenue from Saraburi Solar Farm Project. 1.2) Revenue from Sales decrease

panels, cutting grass, maintenance of equipment, and costs related to renewable energy project development overseas, (2) land rental for solar projects operating under SAAM, SAAM-1, SAAM-2, and SAAM-3, and

grass, maintenance of equipment, and costs related to renewable energy project development overseas, (2) land rental for solar projects operating under SAAM, SAAM-1, SAAM-2, and SAAM-3, and (3

cleaning services within site location such as the cleaning of solar panels, cutting grass, maintenance of equipment, and costs related to renewable energy project development overseas, (2) land rental for

solar panels, cutting grass, maintenance of equipment, and costs related to renewable energy project development overseas, (2) land rental for solar projects operating under SAAM, SAAM-1, SAAM-2, and SAAM

: Notification of the resolution of the BODs' Meeting No.10/2018 to approved the signing of the Share Purchase Agreement and Project Development Contract for 109.76MW solar power plant project in Vietnam by the

clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by its direct subsidiary. SAAM Energy Development Public

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