repaying short-term loan (Bridge Financing) that the company used to acquire Glow Energy Public Company Limited (“GLOW”) was completed in Q4/2019. The company has been successful following the capital

future growth plans. In terms of the progress on Tender Offer of Glow Energy Public Company Limited (GLOW), after the company have completed the Mandatory Tender Offer from GLOW which ended on the 22nd May

composites, such as wadding, insulation, filtration, automotive acoustic insulation material and other products where heat is used to bond the fibers. The HIAM plant is expected to start operations in 2019

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

industrial plants with the special feature. There are no flammable materials and no toxic materials in the insulation. It does not bring fire and does not produce toxic fumes at high temperatures. Able to use

of Baht 380.02 million, a net profit of Baht 12.92 million increased profits due to more efficient cost control. 1.2 The company’s income from energy business in Q2/2019 was Baht 85.19 million

energy business in Q3/2019 was Baht 90.00 million, decreased from Q3/2018 the company’s income from energy business was Baht 97.30 million. Due to decreased management income. 1.3 The company’s income from

Heat and Power Producing Company Limited (CHPP), despite the increased in overall cost of goods and services. In order to acquire shares of Glow Energy Public Company Limited (“GLOW”), the company had

energy business for the year2019 in the amount of Baht 343.70 million, increased from the year2018 the company’s income from energy business was Baht 247.43 million. Since the company started to have

the first quarter of 2018, the company had a gain from the sale non-current assets held for sale in the amount of Baht 32.02 million. 1.2 The company’s income from energy business in Q1/2019 was Baht