2020 15 MAY 2020 U CITY PCL 1Q 2020 - MD&A (for three-month period ended 31 March 2020) 2 U CITY PCL • The Company acquired of 50% of the entire ordinary shares of BTS Sansiri Holding Fifteen Limited
UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV) Net debt to equity ratio as
transactions which includes (i) the entire business transfer of Unicorn Enterprise Company Limited (EBT of UE), a wholly-owned subsidiary of BTS Group Public Company Limited (BTS) to U City, (ii) the issuance of
Year Ended December 31, 2017 Page 1 (Translation) 1. Significant events of the year 2017 1.1 The Progress of Projects 1.1.1 Collinsville Solar Power Project in Australia ("The Project") On May 5, 2017
Microsoft PowerPoint - BTSG Green Bond at Towards the Sustaibable Finance and Investment in Thailand downloaded version BTS Group Holdings PCL Towards the Sustainable Finance & Investment in Thailand
) increase in land and project awaiting for development from the acquisition of a new subsidiary, Prime Area 12 Company Limited (“PA12”) (formerly known as “BTS Sansiri Holding Fifteen Limited”), and (iii) the
industrial waste to energy power plant project located at Ratchaburi Industrial Estate and operated by Progress Interchem (Thailand) Co., Ltd. (“Interchem”) with a contracted capacity of 4.0 MW (an installed
final blueprint Example Project A progress % billing % Q3’20 10 - Q3’20 20 - Q4’20 15 10 Q4’20 35 20 Q1’21 20 50 Q2’21 - 20 100 100The entity measures progress according to % billing recognise revenue 99
optimise the efficiency of our overseas investments, which in turn is expected to deliver significant shareholder value. This includes progress in finding solutions to manage accounting treatment of currency
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