, provided that such facility is subject to ADB’s internal approvals, due diligence, and execution of mutually agreed definitive documentation. Net proceed from IPO In connection with our IPO, we received net
Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS New Capital Structure and Use of Proceed from IPO Regarding our IPO, we received net proceed from IPO in the amount of Baht 11,078 million composing
full quarter of recognizing gross profit from GLOW’s SPP plants of Baht 2,389 million. As for the company’s SPP plants, gross profit decreased by Baht 274 million due to the 10% growth of cost of natural
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
service under a Power Purchase Agreement increased by Baht 104.2 million as a result from increase in unit of electricity sold and unit price which is adjusted in line with natural gas price. Sales of
plants, gross profit increased by Baht 103 million due to the increase in electricity sales volume resulting in the increase in revenue from selling electricity while the average natural gas price per unit
to remain at the same rate if there is no significant change in natural gas price and the appreciation in Thai Baht. However, during September and December of 2018, Ft rate is expected to be adjusted
Investment Units and Marketing Representatives of Private Funds (No. 2) dated 30 June 2005. Clause 2.34 A management company shall appoint a natural person or a juristic person as its representative pursuant