each legal entity in such group is held by the same legal entity, whether directly or indirectly, in the amount or in aggregation of exceeding fifty percent of the total number of shares with voting

complete all related agreements specified in Clause 2. above within the fourth quarter of the year 2019 with the initial project investment of Baht 1,456.31 million in aggregation. 3.2) Calculation of

related Page 4 agreements specified in Clause 2. above within the fourth quarter of the year 2019 with the initial project investment of Baht 1,456.31 million in aggregation. 3.2) Calculation of transaction

states, related to the Metrics and Targets elements, that “GHG emissions should be calculated in line with the GHG Protocol methodology to allow for aggregation and comparability across organizations and

Limited Management Discussion and Analysis | 10 ester plant 2. Furthermore, the company also had an impact from a considerable diminishing of glycerine price due to ample supply, attributed to glycerine

COVID-19 would likely be seen around year- end 2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue

2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue operating efficiently and sustainably going

maintains a strong balance sheet with ample liquidity to navigate through market fluctuations. We have consistently reduced our debt, resulting in a solid leverage position with a low Interest-Bearing Debt-to

with each other as parent company or subsidiary , or each legal entity in such group is held by the same legal entity, whether directly or indirectly, in the amount or in aggregation of exceeding fifty

company or subsidiary, or each legal entity in such group is held 2 by the same legal entity, whether directly or indirectly, in the amount or in aggregation of exceeding fifty percent of the total number