, and venture capital. Expected outcome 1. As the current tax doctrine in Thailand is based on legal form of transactions rather than the “substance over form” principle, obstructing certain types of
Reference Sector Thresholds Table 11. Thresholds for certain energy sector activities, gCO2e/kWh 2022-2025 2026-2030 2031-2035 2036-2040 2041-2045* 2046-2050* Table 11 summarizes key reference
exchange; This Act contains certain provisions related to the restriction of rights and liberties of a person, which Section 26 in conjunction with Section 32, Section 37 and Section 40 of the Constitution
shareholders and upon certain conditions precedent under the share purchase agreement have been fulfilled. Currently, the status of the project is pending for the construction license approval process of the
and upon certain conditions precedent under the share purchase agreement have been fulfilled. Currently, the status of the project is pending for the construction license approval process of the project
improvements but certain limitations still remain 1) Structural problems in the Thai economy leading to a still low level of private consumption 2) The appreciation of Thai Baht due to the high current account
customer, which has been negotiated and prepared for a certain period of time. For overseas market expansion plan, the Company plans to utilize strengths of a business in each country to reinforce one
group companies have a financial obligation to maintain the debt to equity ratio. Despite an increase in debt obligations for Carnival Magic Project, the group companies are certain that Carnival Magic
ratio. Despite an increase in debt obligations for Carnival Magic Project, the group companies are certain that Carnival Magic Project will generate stable income and profit for the group companies as