and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS Announcement on Corporate Rating and Progress on Corporate Bond Issuance On April 5, 2018, TRIS Rating assigned the company rating of B. Grimm Power PLC
year. Nam Che 1 Hydro Power Plant (Run of the river) with an installed capacity of 15 MW has 87.6% construction progress targeted to commence COD on December 1, 2018. ABBREVIATION & OUR PROJECTSFINANCIAL
to acquiring transaction or disposal of assets. 3. The approval on Vanachai Energy Industries Company Limited (subsidiary company) to process the project of Biomass Renewable Energy Plant on production
to acquiring transaction or disposal of assets. 3. The approval on Vanachai Energy Industries Company Limited (subsidiary company) to process the project of Biomass Renewable Energy Plant on production
) has proceeded the hearing on the Notification of SPP Replacement for SPP combined cycle cogeneration plant that PPA will be expired during 2019-2025. Tentative timeline is EGAT will notify ERC on the
financial institutions, and property, plant and equipment. As of December 31, 2017 and March 31, 2018, the Company saw cash and cash equivalents to Baht 168.54 million and Baht 178.83 million, respectively
million, respectively. Major assets were cash and cash equivalents, short- term investments at financial institutions, and property, plant and equipment. As of 31 December 2016 and 31 December 2017, the
assets were short-term investments at financial institutions, and property, plant and equipment. As of December 31, 2017 and June 30, 2018, the Company saw short-term investments at financial institutions
and cash equivalents resulting from Initial Public Offering of THB 136.32 million, increase in work in progress under development in Japan of THB 10.10 million, while property, plant and equipment
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