provides us predictability in cash flows, allows for prudent reinvestment and the delivery of industry-leading returns. IVL has been on a transfor- mational journey in order to create a business portfolio

our business growth. This allows us to devise an effective plan for overall liquidity management, including foreign currencies. Liquidity risk management processes have also been reviewed and enhanced

newspapers, websites, etc., within a time period that allows investors to make use of such information in making investment decisions. 4 The notification of the Securities and Exchange Commission regarding

Extension and Replacement Scheme Following the approval by the National Energy Policy Committee on 24 January 2019, the cabinet approved the PDP 2018 on 30 April 2019 which allows SPP projects with PPA

future and does not need to use the disposed asset. Moreover, this disposal of investment in NINE allows the Company to have cash flow to be used as working capital, which would increase the Company’s

allows the Company to have cash flow to be used as working capital, which would increase the Company’s financial liquidity. In addition, the Company will repay debt to account payables and debts burden

to enter into the transaction The Board of Directors’ meeting of the Company has thoroughly considered and opined that the Rules on the License Return allows the Spring to return the License and

replacement scheme which allows SPP projects with PPA expiration during 2016-2025 to build new power plants under another 25-year period of PPA. All 5 replacement projects are under development process with the

segment, which allows customers to use their credit line to invest in order to gain returns on their property holdings, while the approved credit limit is based on discounted loan-to-value ratio. Being

simultaneously allows for loyalty point collection through the Mobile EDC. Moreover, the company still retains its service station expansion strategy, despite easing on portions of the investment due to the