1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

was a result of recognizing gross profit from 3 of GLOW’s IPP plants for the full quarter which increased by Baht 766 million (Q1/2019 GLOW gross profit was recognized for 18 days). • The gross profit

the industrial market was higher; due to the harvest season for the groups of agriculture customer approaches, as well as the traveling season kicking into gear. Combined with the fact that during this

due to the efficient cost management in the production of electricity and steam from the Cogeneration power plants. Throughout Q1/2018, the Sriracha Power Plant, which is a Independent Power Producer

megawatts, 15,130 megawatts or 30.7 percent of which were generated by EGAT power plants, and the remaining from other producers as follows; • Independent Power Producers (IPPs) 14,948 megawatts or 30.3

maintenance of power plants and other related business Shareholding structure : Name of shareholders % shareholding 1. Thai Solar Energy Public Company Limited 99.997% 2. Miss Cathleen Maleenont 0.001% 3. Mr

power plants that were fully developed and are in operation, namely (i) the inclusion of revenue from BPWHA1, located in Hemraj Industrial Estate, that started commercial operation dates on November 1

from Biomass Power Plants 659.0 671.5 677.4 0.9% 2.8% 1,284.4 1,348.9 5.0% Revenue from finance lease under a Power Purchase Agreement 103.2 100.9 102.8 1.9% (0.4%) 205.5 203.7 (0.9%) Revenue from

August 2020, Asia Clean Energy Co. Ltd., a subsidiary, acquired common shares of 3 biomass power plants in the proportion of 100 percent with the consideration paid of Baht 464.6 million. From comparison

million. • THB 137.66 million of loss from impairment in order to account for non-current assets held for sale of investment in Power Plants. • THB 99.68 million of loss from impairment of investment in