6 December 2007 Pace Development Corporation Public Company Limited 87/2 CRC Tower, All Seasons Place 45th Fl., Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Thailand Tel. +66 2 654 3344
industries will also place a special focus on human resource development and the development of new technologies which will lead to a more sustainable Thailand economy. The government has supported this by
exposure optimization, which is the one of our key success factors. Moreover, we place a great emphasis on effective asset management to ensure maximum efficiency of existing power plants in order to achieve
OPEC’s lowered heavy crude export after production limitation were put in place since the past January. While the closure of Japanese refineries 10 | Management Discussion and Analysis of Business
amended) (the “Takeover Notification”) at the offering price of Baht 15.70 per share. The launch of conditional voluntary tender shall take place provided that the Company obtains approval from the
the Acquisition of Securities for Business Takeovers (as amended) (the “Takeover Notification”) at the offering price of Baht 15.70 per share. The launch of conditional voluntary tender shall take place
tender shall take place provided that: (1) the Company obtains shareholder approval for the tender offer for all securities in TBSP; (2) the Company obtains shareholder approval for the Company’s increase
million or 4% from 2016 due to the reserved shutdown at Sriracha Power Plant causing the lower revenue in the Energy Payment (EP) however, this shutdown did not place any impact on the net profit generating
authorized by the Chief Executive Officer to have the authority to consider and revise the date, time and place of the Extraordinary General Meeting of Shareholders, including any amendment and/or addition to
authorized by the Chief Executive Officer to have the authority to consider and revise the date, time and place of the Extraordinary General Meeting of Shareholders, including any amendment and/or addition to