: Notification of the resolution of the BODs' Meeting No.10/2018 to approved the signing of the Share Purchase Agreement and Project Development Contract for 109.76MW solar power plant project in Vietnam by the
and the Sellers expect to execute the shares sale and purchase agreement and complete the purchase of COMASS’s shares within June 2019. The transaction constitutes an acquisition of assets pursuant to
(“the Group”) as follow: THB Mn THB Mn THB Mn % Sales of goods and services 1,214.9 1,115.7 99.2 8.9 Revenue from finance lease under power purchase agreement 99.2 100.9 (1.7) (1.7) Revenue from
cash. The lessee has the right to extend this contract upon its expiry. 5. Size of Transactions Entering into a commercial lease agreement is considered as acquisition of asset, according to the
completion (the extension is included) 2. Involved Parties Contractor : the contractor will be selected and signing the contract after finishing the compilation of building construction blueprints. There is no
asset and liabilities from every lease contract. And the Company will record depreciation and interest from the lease agreement. Gross Profit The Company had gross profit for the first quarter of 2020
. Although this circumstance is not a normal transaction of the Company, the Company had to issued credit notes and received program rights return of Baht 220 million to maintain business relations with the
consideration value is from negotiation and agreement between the Parties by using the rental rate equal to the contract that leases adjacent areas and close to the rental rate in Bangpoo Industrial Estate area
existing agreement. The agreement has upon contract extension for the duration with the identical term and condition. The 1 year agreement will be automatically extended unless the objection from either side
required for the production competent and the employee training program. Contract Period 1 Year (January 1st, 2018 – December 31st, 2018) Other conditions shall be in accordance with the existing agreement