News Detail

Date/Time
14 Nov 2018 06:37:00
Headline
Investment in three projects of Solar Power Plant Project in Vietnam, with total installed capacity of 136.72 megawatts
Symbol
SUPER
Source
SUPER
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                Acquisition or disposition of assets

Ref: Bor Jor. 025/2018
                            November 13, 2018

Subject:  Investment in three projects of Solar Power Plant Project in Vietnam, 
with total installed capacity of 136.72 megawatts

To:     President
    The Stock Exchange of Thailand

According to the resolution of the Board of Directors' Meeting No. 10/2018 of 
Super Energy Corporation Public Company Limited ("The Company" or "SUPER") held
on November 13, 2018, the Meeting has approved the investment in the solar power
plant project by a subsidiary of the company in Vietnam, three projects with
total installed capacity of 136.72 megawatts

The transaction is considered as an acquisition of assets. The size of the 
transaction is calculated by the total value of consideration was 10.11 percent
when including the value of transactions of the same type in the past 6 months,
a total value of transaction equal to 33.33 percent, which shall be classified
as Acquisition of Assets Type 2, as stipulated in the Notification of the
Capital Market Supervisory Board No. TorChor. 20/2008  Re: Rules on  entering
into Material Transactions Deemed as Acquisition or Disposal of Assets (as
amended), and the Notification of the  Board of Governors of the Stock Exchange
of Thailand Re: Disclosure of Information and Other Acts of Listed Companies
Concerning the Acquisition of Disposition of Assets, B.E. 2004 (as amended)
("the Acquisition or Disposal of Assets Notifications").  In order to enter into
the Disposal of Assets Type 2 pursuant to the Acquisition or Disposal Assets
Notifications, the Company shall have the following duties:-

(1)    To disclose information on the disposal of assets to the Stock Exchange of 
Thailand;
(2)    Send letter of notification to shareholders regarding the assets disposition
of the Company and its subsidiaries within 21 days from the date of the Company
informs to the Stock Exchange of Thailand according to the Notification on
Acquisition or Disposal of Assets.

Transaction on Acquisition of Assets by investing in a solar power plant a 
subsidiary of the company in Vietnam, the total installed capacity is 136.72
megawatts. Details are in the Information Memorandum on Acquisition and
Disposition of Assets. (Attacment 1)


Please be informed accordingly.


Yours Sincerely,



(Mr. Jormsup Lochaya)
Chairman of the board
______________________________________________________________________
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