is significant due to its investment objective which informed to shareholders in the Company’s filing and according to Good Corporate Governance. Therefore, the Company has to propose to the

transactions occurring in the past six months prior to the date on which the Board of Directors of the Company resolved to approve the entry into this transaction i.e. the disposal of assets of Nation Digital

quarter by THB 721 million due to; - Decreased HRC price: the average selling price of HRC in Q2-2017 was THB 17,252/ton, decreased by 9% as compared with Q1-2017 (THB 18,907/ton) due to the decrease in HRC

financial statements ending 31 March 2020 and there is no asset disposal of the Company in the past 6 months which is required to be included in the transaction size, (which is the highest transaction size

and Trading Business Group recorded an average production rate of 109.35 KBD, a level adjacent to plan, Market GRM improved from the previous quarter, while Total GRM declined, primarily due to the

than those in the same period of 2017, a price range were THB 23.00 – THB 22.00. The company's operating results (Company Only) realized net loss in the 9 month year 2018 was THB 17.82 million due to the

Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company

rates, and thereby reliably serve our customers, due to our supply chain resilience. Advantaged Portfolio IVL’s 16 integrated business verticals have strong linkages and provide support to one another. We

the Company’s connected transactions in the past 6 months before the Company entered into 2016 Receiving Financial Assistance Transaction, the total value of Connected Transaction is 3.41 percent of NTA

%. Figure 3: IVL’s Business Profile Note: Segments total may not match to IVL due to holdings segment 5 Note: All ratios are based on US$ calculation Over the past 5 years or so, IVL has invested prudently to