independence of CRAs vis- à-vis the entities and obligations they rate is vital to achieving this goal. Provisions of the IOSCO CRA Code, dealing with CRA responsibilities to rated entities, obligors

IVL. We ended 2015 with an overall production of 7.0 MMt, core EBITDA of $ 640 million and ROCE of 9.7%. Strategic initiatives undertaken during 2016 to 2018 resulted in the Company achieving, in 2018

investors and other users of credit ratings assess credit risks. Maintaining the independence of CRAs vis- à-vis the entities and obligations they rate is vital to achieving this goal. Provisions of the IOSCO

electronic gadgets etc. and to reach the customers more and easier, including organizing special events, seminar and tour. Therefore, the Company requires capital of approximately THB 120 million for achieving

board of directors to ensure that the use of information technology in the business operation facilitates the intermediaries in achieving the specified goals with appropriate use of resources and

of the board of directors to ensure that the use of information technology in the business operation facilitates the intermediaries in achieving the specified goals with appropriate use of resources