used this period to grow its production substantially over these past 5 years. However, in order to not add to the core cause of declining industry margins which were due to surplus capacity, IVL, unlike

-823.26  - Surplus (Deficits) - - - -0.20 - Shareholders' Equity 40,621.68 39,320.50 40,762.03 23,903.10 30,425.14 Minority Interest 468.47 115.27 465.79 114.34 117.61 Accumulated: Turnover Ratio, Value

with a capital surplus of Baht 2,645 million (net of share offering expenses of Baht 68 million) The Company had registered the increase of its capital to the Ministry of Commerce on 16 January 2020

assets 970 Total assets 1,238 Current liabilities 1,109 Non-current liabilities 1,119 Total liabilities 2,228 Share capital 3,959 Surplus on land revaluation 66 Retained earnings (deficits) (5,015) Total

490 730 Non-current liabilities 1,119 1,061 824 Total liabilities 2,228 1,551 1,554 Share capital 3,959 3,739 3,300 Surplus on land revaluation 66 Retained earnings (deficits) (5,015) (4,168) (3,577

surplus of Baht 2,645 million (net of share offering expenses of Baht 68 million) The Company had registered the increase of its capital to the Ministry of Commerce on 16 January 2020. ● Other components of

(Appraisal surplus) หมายถึง สวนเกินจากราคาทุนหรือราคาตามบัญชีของทรัพยสิน 24. สวนเกินทุน (ต่ํากวาทุน) จากการเปลี่ยนแปลงมูลคาเงินลงทุน (Revaluation surplus (deficit) in investments) หมายถึง สวนตางระหวาง

reduced expectations of a Federal Reserve policy rate increase and positive factors domestically, in particular, seasonality and Thailand’s ongoing current account surplus. Nonetheless, the Baht

future may alter the IFA’s opinion on the transaction accordingly. Information and documents used in preparing this report included but are not limited to the following: ▪ The Resolution of the Company’s

in cash, property, or stock to all shareholders on the basis of outstanding stock held by them when the merged CCPH’s surplus profits exceeds 100% of its capital stock. Provided that the rate of