Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

rates decreased. 4. Share of profit on investment in associated company decreased by Baht 1.67 million or 14.85% . Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director

Baht 41.01 million or 3.28% from the same period of last year because of project management fee and interest income. Share of profit from investments in associated companies The Company and its

the same period of last year because of project management fee and interest income. Share of profit from investments in associated companies The Company and its subsidiaries had profit sharing from

from the end of the previous year. It was a result of a decrease in the temporary investment fund by Baht 4.91 million. The inventory increased by Baht 6.71 million. The advance payment of share and

• Acquiring Glow Energy Public Company Limited or GLOW as a significant step of GPSC On 20th June 2018, GPSC had signed the share purchase agreement with Engie Global Developments B.V. to purchase 69.11% shares

depreciation and amortization Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q1/2018 23 Return on Assets (ROA) (%) Book value per share (BVPS) (Baht/share) Interest Coverage Ratio

company had signed the Share Purchase Agreement (SPA) with Engie Global Development B.V. to purchase 69.11% shares of GLOW and to acquire the remaining shares of 30.89% through tender offer process. Subject

Company started trading its newly issued stock on 15 February 2017. Issued and paid-up share capital Ownership interest 30 June 2017 30 June 2017 Name of the entity Type of business Baht % 80.00 99.27 Car

ordinary shares of 1,437,456,000 shares under IPO with a par value of THB 5.00 per share and IPO price at THB 5.20 per share. This capital raising will reduce interest bearing debt to equity ratio of both