02 Apr 2020 17:58:00
Investment in four projects of Solar Power Plant Project in Vietnam, with total installed capacity of 750 megawatts - Edit in English PDF files
Acquisition or disposition of assets (Translation) Edit in English PDF files Ref: Bor Jor. 008/2020 March 25, 2020 Subject: Investment in four projects of Solar Power Plant Project in Vietnam, with total installed capacity of 750 megawatts To: President The Stock Exchange of Thailand According to the resolution of the Board of Directors' Meeting No. 4/2020 of Super Energy Corporation Public Company Limited ("The Company" or "SUPER") held on March 25, 2020, the Meeting has approved the investment in the solar power plant project by a subsidiary of the company in Vietnam, four projects with total installed capacity of 750 megawatts. With the total transaction value not exceeding USD 456,700,000 or not over Baht 14,614,400,000* Note: * Exchange rate USD 1 = Baht 32 The transaction is considered as an acquisition of assets. The size of the transaction is calculated by the total value of consideration was 26.23 percent when including the value of transactions of the same type in the past 6 months, a total value of transaction equal to 33.45 percent by considering from the company's consolidated financial statements as of December 31, 2019, 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, four projects with total installed capacity of 750 megawatts. Details are in the Information Memorandum on Acquisition and Disposition of Assets. (Attachment 1) Please be informed accordingly. Yours Sincerely, (Mr. Jormsup Lochaya) Chairman of the board ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.