4Q2018 CPO (CPO-DIT) price was at 16.94 Baht/kg, being lower than 4Q2017 CPO price by 3.54 Baht/kg or 17%, because the domestic palm oil inventory in 4Q2018 was seen higher to level of 420,000 tons, while
energy efficiency, the result of which is the reduction in same store utility costs by around 3.2% YoY. To maintain an optimum level of cost-to-revenue ratio, CPN continues to explore further efficiency
percent of the total paid-up shares with voting rights of such company; 3. a company holding shares in subsequent levels, beginning with the company under 2., provided that the shareholding in each level
shares with voting rights of such company; 2 3. a company holding shares in subsequent levels, beginning with the company under 2., provided that the shareholding in each level exceeds fifty percent of the
shareholding in each level exceeds fifty percent of the total paid-up shares with voting rights of the company being held, or an individual holding shares of the company in any subsequent level in a number
holding shares of other companies in all upward levels of shareholding, beginning with the company holding shares of the company under (b) and shareholding in each level exceeds fifty percent of the total
companies in all upward levels of shareholding, beginning with the company holding shares of the company under (b) and shareholding in each level exceeds fifty percent of the total number of shares with
) and shareholding in each level exceeds fifty percent of the total number of shares with voting right of such other companies; (4) company holding shares of the applicant, whether directly or indirectly
rights of such company; 3. a company holding shares in subsequent levels, beginning with the company under 2., provided that the shareholding in each level exceeds fifty percent of the total paid-up shares