- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public Company Limited And Phatra Securities Public Company Limited (Tender Offer Preparers) Phatra Securities Public Company Limited (Tender Offer Agent) “This English language translation of the Tender Offer has been prepared solely for the convenience of the foreign shareholders of Glow Energy Public Company...

derivatives business. SECTION 25.2 Unless an approval of the SEC Office has been obtained, no person can hold shares or be a beneficial owner of shares of any derivatives business operator exceeding ten percent

derivatives business. SECTION 25. 2 Unless an approval of the SEC Office has been obtained, no person can hold shares or be a beneficial owner of shares of any derivatives business operator exceeding ten

the effort The Board of Directors deemed that CCET-WC with the exercise price of Baht 2.16 is rewarding and beneficial to the Company in motivating the competent personnel who are a part of the

used for loan repayment and working capital for the Company. 11. Opinion of the Board of Directors on the transaction The Board of Directors considered that this transaction is appropriate and beneficial

of Directors considered that this transaction is appropriate and beneficial to the Company, and its shareholders. As the transaction will enhance the cash flow of the Company and such cash flow will be

beneficial to the Company and its shareholders, given the reasons described in item 8 above. The Meeting therefore resolved to approve that the Company enter into the Transaction. 13. Opinions of the company’s

Directors considered and viewed that the Transaction was reasonable and beneficial to the Company and its shareholders, given the reasons described in item 8 above. The Meeting therefore resolved to approve

price that the Company will lose will be worth the effort The Board of Directors deemed that CCET-WC with the exercise price of Baht 2.16 is rewarding and beneficial to the Company in motivating the

Audit Committee. The transaction was necessary and justified, it would be beneficial to the Company’s business operation. This transaction was set under normal trade terms and conditions that the Company