Competition 1.1 Electricity industry and Economic situation in Thailand In 2017, Thailand’s peak demand was 28,578 megawatts on 4 May at 02.20 pm, lower than the peak demand of 29,619 megawatts in 2016 by 3.51
business to record a lower market gross refinery margin (GRM) compared to Q2/2018. However, market GRM (Restate) 7/ Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation
days to less than 10 days more recently. Lower inventory levels of PTA, higher demand growth and lesser capacity addition cre- ate a positive outlook for the Asian PTA industry. IVL has seen the
declining of scheduled revenue was mainly from the lower average fare of international flights which dropped by 8.0 percent and lower passenger growth of domestic flights which dropped by 2.7 percent from the
shares of NINE, at the price of not lower than Baht 2.62 per share. This is the average price of the NINE’s ordinary shares received by the Company, as appeared in No. 6, Expected benefits to the Company
equivalent to 15 percent or higher, but lower than 50 percent in accordance with the Notifications on Acquisition or Disposal. As a result, the Company is required to disclose an information memorandum on the
issued share at a price not lower than 90 percent of market price pursuant to the Notification of the Capital Market Supervisory Board Re: Permission for Listed Companies to Offer Newly Issued Shares to
percent or more but lower than 50 percent . On that basis, the Company is obligated to disclose information pertaining to the Class 2 transaction to the Stock Exchange of Thailand (“the SET”) as follows
transaction size of 26.84 % calculated using the value of consideration criterion, which gives the highest value is calculated in accordance with 15 percent or more but lower than 50 percent . On that basis