January 9th, 2020 To : Managing Director The Stock Exchange of Thailand Re : The acquisition of investment in Vibharam Co.,Ltd.’s new ordinary shares, and elder ordinary share which purchases from

, Managing Director of Credit Suisse, Singapore, and Vice Chairman of Credit Suisse Asia Pacific. Mr. Camacho was former Secretary of Finance and Secretary of Energy of Philippines. He has played eminent role

. Wantana Amatanon (Spouse of Mr. Pongchai Amatanon), Mrs. Rangsee Lerttripinyo (elder sister of Mr. Phongchai Amatanon) and Mr. Kalic Amatanon (brother of Mr. Pongchai Amatanon), the shareholding proportion

Board of Directors and Managing Director of IRSL. He is also the elder brother of Mr. Aloke Lohia, the Group CEO of the Company and Mr. Sri Prakash Lohia, chairman of the Board of Directors of the Company

director and President of CH. Karnchang Public Company Limited and is an elder sister of Mr. Thanawat Trivisvavet who is the spouse of Mrs. Siwalee Trivisvavet. 6. Source of Fund : Cash flow from the Company

shareholding of (ii) and (iii) above, the connected parties is 35.5% Mr. Om Prakash Lohia is the chairman of the Board of Directors and Managing Director of IRSL. He is also the elder brother of Mr. Aloke Lohia

customer from 2019 to mid of 2020 due to eminent domain problem. Revenue from sale of electricity rose by 8.69% as a result of ongoing repair and maintenance of the overall power generator which gradually

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain