Exchange of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary General Meeting of
shares traded on the Stock Exchange of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary
more clearer in order to propose for further approval by the Extraordinary General Meeting of Shareholders No. 1/2018. Details of which are as shown in the Information Memorandum on the Asset Disposal
year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement of existing shopping malls, rental rate escalations, incremental gains from
a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement
transaction in line with our strategic direction highlighted in the 2019 Capital Markets Day. On a proforma basis, this acquisition adds 25% to IVL’s 2018 core EBITDA and also adds 23% of additional
that aims to achieve a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping