there is any change in exercise price and exercise ratio under the circumstances as defined by the notifications of Capital Market Supervisory Board. The Company may adjust the exercise price and exercise
installments after the maturity of the loan repayment period (February 2014 – January 2015) and the Company requested to negotiate with Mahachai Group to adjust the loan repayment conditions 3 times as follows
(MACO-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
Warrants Adjustment of Warrants The Company will be required to adjust the exercise price and/or ratio upon the occurrence of any of the following events; (1) in case of a change in par value of the
complex in the southern part of Thailand. Covering over 111 rai of land, the complex reigns as the first luxury flagship of CPN, seamlessly blending the lifestyle and relaxation experience. Positioned as
at 2% - 3% YoY. In December 2017, the Company will launch and open a new hotel – namely: the 151 room COSI Chawaeng Samui, that is positioned as an ‘affordable lifestyle hotel’ and is the first COSI
growth has accelerat- ed significantly in recent years. While it is our stat- ed goal of doubling the EBITDA every five years, we have achieved this target in the last four years. IVL is well positioned to