optimise the efficiency of our overseas investments, which in turn is expected to deliver significant shareholder value. This includes progress in finding solutions to manage accounting treatment of currency
expertise of the company. In addition, solar plants have long-term power purchase agreements, which will continuously generate stable revenues which will support GPSC to have sustainable growth. • Progress
Discussion and Analysis 1. Significant events in the first Quarter of 2020 1.1. The progress in construction projects - Gangdong Fuel Cell Project (Gangdong), a project of Paju Energy Services Co.,Ltd. (Paju
lifestyle resort on island 3 in Crossroads project with a transaction value of USD 16.2m. Nonetheless, the progress of design and construction has been as planed while the target construction completion is in
@egco.com Page 2 Management Discussion and Analysis 1. Significant events in the Second Quarter of 2020 The progress in construction projects - Gangdong Fuel Cell Project (Gangdong), a project of Paju
late 2Q20 and revenue from sale of land and construction would be realized in accordance with accounting principal, upon transferrence and by progress of construction, respectively. During 3Q20, the ESSE
and the operation that is working accordance to the plan, to increase the proportion of renewable energy of the company. Progress of the Solar Power Plant Product in Thailand As of 16 January 2020, the
million Baht mainly from progress of construction including clarified water & total water solution projects, Bangpakong pump system upgrade project and Tubma Reservoir project; after depreciation and
future projects. In terms of the progress on Delisting Tender Offer of GLOW, the process was completed on 2 December 2019 and GLOW has been delisted from being listed on the Stock Exchange of Thailand on
products, exchanges, business operators and related personnel. With respect to law reform, the proposals pushed by the SEC have shown progress; for example, the amendments to law on securities and exchange