operating results in the Quarter ’. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this year from Coronavirus disease (COVID-19

and esthetics. 2. Overview of operating results for Quarter 1’ 2020. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this

existing shareholder (the “Share Acquisition Transaction”). Share Acquisition Transaction is expected to be completed by October 31, 2017. Details of the Share Acquisition Transaction are as follows: 1

On June 8, 2016, the company has entered into a memorandum of understanding in relation to Share Subscription Agreement with CTBC Bank Company Limited in order to introduce a strategic investment

% 94 -1,161 -108% EPS (Baht/share) 0.19 0.43 -56% -0.09 -311% 0.09 -1.13 -108% Methyl Ester Fatty Alcohols Global Green Chemicals Public Company Limited Management Discussion and Analysis | 5 Market

shares with a par value of THB 10 per share, equivalent to 60 percent of the total shares of GSG (the “Sale Shares”), from 3 existing shareholders, i.e. (1) Proud To Do Company Limited, (2) Miss Penjun

efficient manner. South America is an important emerging market with a domestic demand for PET growing at around 5%. The value of the above acquisition, calculated in accordance with the regulations of the

produced within a 500km radius, providing Indorama Ventures an optimal location for supplying Tire Cord Fabrics (TCF) to meet growing customer demand. IVL has existing businesses in tire cords globally and

principle, which contain the following essences:           1. revising the PVD Act to address the growing demand for pooled funds: Employers and employees shall have a mutual agreement that allows employees

the core business of trading services.   SEC Assistant Secretary-General Paralee Sukonthaman said: “Nowadays, growing information on investment products in the capital market makes most investors