the ratification of the acquisition of assets of the ordinary shares of Phuketfuture Development Company Limited in the proportion of 80 %, approved by the Board of Directors' Meeting No. 4/2015 held on

period result from the movement in prices of raw mate- rials and products from the end of the previous reported period to the end of the current reported period. The cost of sales is impacted by inventory

impetus to the earnings of the Company in the forthcoming quarters. In another meaningful development, on 10 October 2017, IVL announced that it has entered into an agreement to acquire DuPont Teijin Films

Public Company Limited have jointly submitted the proposal under the name of “BBS Joint Venture” for the bidding of the U-Tapao International Airport and Eastern Aviation City Development project to the

Company Limited have jointly submitted the proposal under the name of “BBS Joint Venture” for the bidding of the U-Tapao International Airport and Eastern Aviation City Development project to the Royal Thai

aspirations Indorama Ventures 2nd Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions and

start in early 2020 and PTA towards end 2020, subject to regulatory approval in 4Q18. Sustainable Development  IVL has been included in the DJSI Index for the second consecutive year. The inclusion

™ is integral to our commitment to contributing to the achievement of the UN 2030 agenda for sustainable development. Project Olympus Our company wide cost and business optimization program continues

year due to the decrease in revenue from property development business in Patong, Phuket. In the fourth quarter of the past, the Company has invested in two property development businesses industrial

ที่ กบร No. Kor Bor Ror. 022/2018 January 31, 2019 President The Stock Exchange of Thailand Re : Hiring a connected party for sales management and system development Dear Sir, Thai Wacoal Public