: NFORCE SECURE PUBLIC COMPANY LIMITED SELIC: SELIC CORP PUBLIC COMPANY LIMITED SHR: S HOTELS AND RESORTS PUBLIC COMPANY LIMITED SINO: Sino Logistics Corporation Public Company Limited SK: SIRAKORN PUBLIC

, namely, (8) Tianjin Botai Zhongxing Trading Co., Ltd.; (9) Jiangsu Guangrun Trading Co., Ltd.; (10) Mr. Lin Dong Hai; (11) Imasen Pte Ltd.; (12) Marco Polo Venture Co., Ltd.; (13) Napoleon Logistics Co

$819 million, up 33% YoY  Earnings Per Share of THB 4.61, +16% YoY  Operating Cash Flow of $1.0 billion  2019 Earnings Guidance reaffirmed Indorama Ventures 2018 MD&A 2 2018 Summary Financials Table 1

ได้แก่ โครงการ WHA Mega Logistics Center Chonlaharnpichit KM.3 โครงการ WHA Mega Logistics Center Bangna Trad KM.19 โครงการ Omada Aerospace Factory Rayong และโครงการ WHA Mega Logistics Lamlukka รวมถงึสนิท

period of previous year, and increased by 6.0% to THB 303.1 mm, compared to the first quarter of 2020, which was mainly due to increase in lettable area for both logistics and industrial properties

increased by Baht 2,139 million or 15.68 percent due largely to rising revenue from the sale of securities. Moreover, other operating expenses were close to the level seen in the previous quarter, resulting

analysis should be read in conjunction with our financial statements and accompanying notes, as well as our selected operating data, included elsewhere in this Offering Circular. Our financial statements

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

3 VIII. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 5 IX. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 6 X. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 7 XI. INTERESTS OF EXPERTS AND COUNSEL 8

PUBLIC COMPANY LIMITED LEASE IT PUBLIC COMPANY LIMITED LEE FEED MILL PUBLIC COMPANY LIMITED LEO GLOBAL LOGISTICS PUBLIC COMPANY LIMITED LH FINANCIAL GROUP PUBLIC COMPANY LIMITED LIGHTING & EQUIPMENT PUBLIC