the investment by 2 investors, Subsidiary company will be strength and ready in all aspects in order to run the business as planned. 9. Plans for utilizing the proceeds from the asset disposal The money
strength as well as effort to maintain monetary return in the eyes of shareholders. Page 3 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 The Company has adopted
Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising of water
representative or 360-degree technology. Until now, offering a deep discount to potential customers was not expected because of the Company’s financial strength with Net Interest-Bearing-Debt to Equity at 0.97
customer perception. We continue to focus on delivering fair profitability balancing between short- and long- term drivers while keeping our solid financial strength. Market and Competitive Environment As
Company’s achievement; and that the benefits from the better performance of the Company is worth comparing with the discount granted from the difference between the offering price, the exercise price and the
, primarily due to the record of interest expense of ABPR5 and Nam Che 1 after their COD achievement in October 2018 and June 2019 and SPP1 after an acquisition in March 2019 ; • Interest expense from ABPIF y
interest expense of ABPR3, ABPR4, ABPR5 after their COD achievements during 2018, Nam Che 1 after COD achievement in June 2019 and SPP1 after an acquisition in March 2019; • Interest expense from ABPIF y-on
competent personnel who are a part of the Company’s achievement; and that the benefits from the better performance of the Company is worth comparing with the discount granted from the difference between the
-on-y: A 22.6% increase y-on-y from Baht 532 million in Q1’2018 to Baht 652 million in Q1’2019, primarily due to the record of interest expense of ABPR3, ABPR4 and ABPR5 after their COD achievement in