Page 1 of 3 GEL.CS.006/2563 15 May 2020 Subject: Management Discussion and Financial Analysis for the operating results of the first quarter of 2020, ended March 31, 2020 To: Director and Manager The
supporting future business expansion domestically and internationally as well as for the purposes of overall competitiveness in financial management accordingly. The Company will remain as the major and
. However, based on net asset value of separated financial statements of CVHLUX as of 30 September 2017, prepared by the Company’s management (unreviewed and unaudited), which is amounted to THB 628 million
asset acquisition pursuant to the Notification of the Capital Market Supervisory Board No. ThorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposition of Assets
contractual remuneration of USD 200,000 per year, approximately THB 6,284,740 per year, representing 0.22% of the net tangible asset (Net Tangible Asset : NTA) as of December 31th, 2018. Besides, the total
remuneration of USD 150,000 per year, approximately THB 5,024,805 per year, representing 0.19% of the net tangible asset (Net Tangible Asset : NTA) as of June 30th, 2018. Besides, the total value of the
contractual remuneration of USD 150,000 per year, approximately THB 5,024,805 per year, representing 0.19% of the net tangible asset (Net Tangible Asset : NTA) as of June 30th, 2018. Besides, the total value of
utilization at around 90% with conversion costs matching the first quartile plants. Accordingly IVL management believes the acquisition of balance 26% stake now will help integrate the PTIP assets with other
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