investment in renovation of Advertising Media located on the columns under the BTS Sky Trains December 14, 2018 1 Information Memorandum regarding the Acquisition of Assets of Master Ad Public Company Limited
granted the concession for the MRT Blue Line Project by the Mass Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the
Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the duties to design, supply, install, test the M&E Equipment, and
above. Based on the requirements under the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of
due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than
the Lao PDR with the total installed capacity of 45 MW ( “Nam San 3B Project” ) under the framework of investment not exceeding USD 113.2 million and acknowledge the investment in the construction and
at a par value of 181,440,000 Baht by the acquisition of IGE's existing ordinary shares will occur only as the condition below, 1. The Company has been approved by the shareholders' meeting to purchase
both the Company and subsidiary increased. Non- current assets decreased mainly due to depreciation of machineries. Details as below. Cash and cash equivalent The Company and subsidiary had cash and cash
ordinary shares under the MACO-W2, whereby the exercise price and the exercise ratio remain the same as detailed below: 1. Exercise price : THB 2.10 per share 2. Exercise ratio : 1 unit of warrant for 1