, type of products, customer market, target customer, and distribution of the Company are different than that of the Target. 2. The Company expects that the Transaction, through cooperation and economies

92 million Baht. See more details in 4.1 and 4.2 as below; 4.1 The Analysis of the Operating Results in Power Generation business Profit (loss) before FX, deferred income tax, impairment and impact of

purchase of 74 billboards, investment in 21 LED screens, investment in COMASS and dividend payment. The decrease was offset by the increase in 1) trade and other receivables of THB 69 million (see Trade and

and indirectly holds 5.49 percent shareholding in the Subsidiary through JMT (since the Company holds 55.81 percent in JMT and JMT holds 9.84 percent shareholding in the Subsidiary). Therefore, the

intangible assets from the acquisition of GLOW". (see details on page 23) Operating Revenue (THB million, %) 51% 54% 56% 29% 25% 22% 19% 19% 20% 1% 1% 2% 19,990 18,308 18,138 Q2/19 Q1/20 Q2/20 Electricity

through three new business development initiatives as follows: 1) Battery Business: investment in a pilot plant of a battery manufacturing facility using Semi Solid Lithium-ion technology. Capacity of the

result of economic situations caused business operators to increasingly perform fundraising through bond issuance, and the public in turn search for investments with higher yield that were often associated

388 million or 8.5% from Baht 4,571 million as at 31 December 2018, mainly due to capital raised through IPO and the operating profit during 2019. 5,969 5,762 2,379 2,257 1,494 1,451 1,109 1,155 308 388

partner to expand the business of Land and Houses financial business group. The company agrees in principle to issue 7,544,961,342 new ordinary shares or 35.6169 percent of the total paid-up capital through

is not part of pass-through pricing formula with customers. Active dialogue is ongoing with customers to re- cover this cost increase. Aforesaid planned turnarounds in 2Q17 that impacted earnings, in