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CKPower Tightens Its Control on Power Plants Operations in Thailand and Lao PDR, Ensuring an Uninterrupted Production Amidst the COVID-19 Pandemic

Mr. Thanawat Trivisvavet, the Managing Director of CK Power Public Company Limited (CKPower), or “CKP” in SET announced that CKPower is aware of the severity of the COVID-19 pandemic. Thus, it is prepared to implement strict measures to ensure heightened health safety standards for its employees and work sites. In this regard, the Company has already declared preventative measures on occupational health and hygiene covering all its power plants. In Thailand, this includes the Bangpa-in Cogeneration Power Plants (BIC-1 and BIC-2) and the Bangkhenchai Solar Power Plant. Meanwhile, in the Lao PDR, the Company’s operations include the Xayaburi Hydroelectric Power Plant and the Nam Ngum 2 Hydroelectric Power Plant. These preventative and disease control measures are implemented in order to maintain confidence and safety among the employees as well as among the stakeholders that power delivery to the Electricity Generating Authority of Thailand (EGAT), the Provincial Electricity Auth

CKPower Invests in Xayaburi Power with 1,800 MB to Acquire 5% More

The Company to pay dividends on May 20, 2021 Mr. Thanawat Trivisvavet, the Managing Director of CK Power Public Company Limited (CKPower), or CKP in SET, announced that the Board of Directors has approved the acquisition of shares in Xayaburi Power Company Limited ( XPCL ), the operator of the Xayaburi Hydroelectric Power Plant ( Xayaburi HPP ) in the Lao PDR. The Company intends to acquire 134,305,000 shares in XPCL, representing 5% of XPCL s registered capital solely from PT Sole Company Limited ( PTS ). The total amount of acquisition is approximately 1,826.55 million Baht. A request for approval will be made at the 2021 Annual Ordinary General Meeting of Shareholders of the Company, which is scheduled for April 22, 2021. Should the Ordinary General Meeting of Shareholders resolve to grant approval to the Company to execute such transaction, the Company expects to complete the acquisition of the shares of XPCL and the execution of the Share Purchase Agreement with PTS by the th

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