22 June 2017

Subject: Notification of additional details and conditions in relation to the subscription of the newly issued investment units of Buriram Sugar Group Power Plant Infrastructure Fund to be offered for sale to Entitled Shareholders of Buriram Sugar Public Company Limited for the Allocation of Investment Units

To President

The Stock Exchange of Thailand

Buriram Sugar Public Company Limited (the "Company") hereby to inform you regarding the progress of the offer for sale of the newly issued investment units in the initial public offering (IPO) of Buriram Sugar Group Power Plant Infrastructure Fund (the "Fund"), as well as the details and conditions in relation to the offer for sale of the newly issued investment units of the Fund to the Entitled Shareholders for the Allocation of Investment Units (as defined below), as follows:

  1. On 16 June 2017, the Securities and Exchange Commission has approved BBL Asset Management Company Limited (the "Fund Manager") to set up the Fund. Later, on 22 June 2017 the prospectus of the Fund has become effective.

  2. The preliminary range of the offering price was set between Baht 9.90 - 10.40 per unit and the final offering price will fall under preliminary range of the offering price and will be determined by book building approach. The Company and the Underwriter will jointly determine the final offering price and expected to announce by 24 July 2017. The Entitled Shareholders are required to subscribe at the highest price of preliminary range of the offering price at Baht 10.40 per unit. If the final offering price is lower than the subscribe price and/or subscribers received investment units from allotment less than subscribed units (in case of Oversubscription), the Underwriter will return the difference amount within the date mentioned in the prospectus of the Fund (part 1 clause 8.4.2 sub-clause 9). The Company will announce the final offering price through notification by the Company on the Stock Exchange of Thailand

    ("SET") website and an announcement on the Company website (www.buriramsugar.com) and the Fund website (www.brrgif.com).

  3. The subscription period for the newly issued investment units of the Fund to be offered for sale to the Entitled Shareholders for the Allocation of Investment Units (as defined below) is scheduled to be on 7 and 11 to 14 July 2017 (totaling 5 business days). The details and conditions of such subscription are set out in the prospectus of the Fund (part 1 clause 8.4.2) and the document in relation to the subscription of the newly issued investment units of the Fund, which will be delivered via post by the Company only to the Entitled Shareholders for the Allocation of Investment units (as defined below) whose name are listed in the share register of the Company as at the Record Date on 20 June 2017, and the Book Closing Date on 21 June 2017, to compile the list of Entitled Shareholders for the Allocation of Investment Units (as defined below) in compliance with Section 225 of the Securities and Exchange Act. B.E.2535 (including any amendment thereto).

The Fund Manager and the Underwriter, at their discretion, may not offer for sale or may not allocate investment units to any person or subscriber if such offer for sale or allocation will, or may result in: (a) a violation of any laws or rules or regulations of the Kingdom of Thailand or of any other countries; or (b) additional compliance or any additional action of the Fund Manager and the Underwriter other than that would be required under the relevant laws or regulations regarding the issuance and offer for sale of securities under the law of the Kingdom of Thailand; or (c) any non-compliance with the requirements, procedures, or conditions required in the offer for sale or the allocation of investment units; or (d) the Fund is not complied with the free float criteria of the Stock Exchange of Thailand. In this regard, the specific group of investors who are the existing shareholders of the Company entitled to the allocation of investment units under aforementioned allocation restriction shall be referred to as the "Entitled Shareholders for the Allocation of Investment Units".

For the purpose not being considered as in violation of the securities laws of other countries, or not burdening The Fund Manager and the Underwriter with duties to perform any additional action other than that would be required under the relevant laws or regulations regarding the issuance and offer for sale of securities under the law of the Kingdom of Thailand, the Company does not deliver the documents in relation to the subscription of the newly issued investment units of the Fund to any of its shareholders whose addresses as shown in the share register are outside Thailand or has foreign nationality. However, the Fund may offer for sale or allocate investment units to any investor or subscriber who is foreign or is not resided in Thailand under the exception of the foreign laws.

The Entitled Shareholders for the Allocation of Shares who wish to subscribe for the newly issued investment units of the Fund are able to make a subscription at the Head Office of Maybank Kim Eng Securities (Thailand) Public Company Limited (20 Fl., The Offices at Central World, 999/9, Rama 1 Road, Pathumwan, Bangkok, 10330, Telephone +66-2658-6300) or at branches of Maybank Kim Eng Securities (Thailand) Public Company Limited.

The Company has post the document relation to the offer for sale of the newly issued investment units of the Fund on the Company's website. The shareholders or investors could download those documents on the Company's website (www.buriramsugar.com), the Fund's website (www.brrgif.com), and could download the prospectus of the Fund from the website of the Office of the Securities and Exchange Commission (www.sec.or.th)

Please be informed accordingly.

Yours sincerely

Buriram Sugar Public Company Limited

(Mr. Anant Tangtongwechakit) Managing Director

Buriram Sugar pcl published this content on 23 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 June 2017 02:09:06 UTC.

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