with LQ Inc. to acquire 100% equity stake of Green Fiber International Inc. (“GFI”), a company incorporated in USA and having plastics recycling facility in Fontana, California, USA. The facility
) for the 89.12% stake in Permata. The price payable by the Bank for the 89.12% stake in Permata will be finalised on the basis of a 1.77 times multiple of Permata’s book value (subject to certain
: Saha Pathana Inter-Holding Plc. (SPI) is concurrently a major shareholder in these 2 companies, as follows : - SPI currently holds a 21.26% stake in Thai Wacoal Plc. - SPI currently holds a 40.00% stake
Public Company Limited (“IVL” or the “Company”) held on 11 th May 2018, has approved Indorama Netherlands B.V. its indirect subsidiary to further acquire 24 % equity stake in PT. Indorama Petrochemicals, a
further acquire the remaining 26% equity stake in PT. Indorama Petrochemicals (“PTIP”), a PTA manufacturing plant in Indonesia from PT. Indo-Rama Synthetics Tbk., a connected party. Rationale of the
million baht is 25.61 million baht too expensive. Instead, an appropriate price should be 141.89 million baht. Besides, it is uncertain whether the property development project will be a definite success
and the PPA remain unclear and uncertain while additional investment of 7,850 million baht is needed, causing IFA unable to appraise the project value; (3) various risks associated with the transaction
% stake in M&G Polimeros Brazil S.A. in Ipojuca, Brazil. The plant is the largest PET facility in Brazil with a capacity of 550,000 tons per annum. This plant is strategically located and benefits from a
inform that it has through its indirect subsidiary Indorama Netherlands B.V. signed a definitive share purchase agreement on August 11th, 2017, to acquire a 100% stake in the tire cord business of