Public Company Limited (“MACO”) focuses on the Outdoor media segment, a beneficiary of the continuing structural shift in the media industry and the ongoing trend of people spending more time outdoors

strong organic growth, price increases, especially in our static media network as well as higher demand for new campaign media. The integration of the digital services business is continuing to progress

2 new investors in Pace Project One Co., Ltd. and Pace Project Three Co., Ltd., the Company engaged independent financial advisory firm to measure the fair values of investments in these 2

measurable advertising. This places the Company in a favourable position to offer optimal solutions to our customers as well as continuing to capture market share in the OOH and Online/Digital media. Our 9

was 8.8 million (Q3/2016 : 8.2 million), equal to a 6.0% increase YoY. This continuing and sustained tourist arrivals growth is a key enabling factor that supported the growth for the Company’s Hotels

: +662 661 6664 Indorama Ventures 2nd Quarter 2019 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2019 Breaking News; IVL announces acquisition of a significant

conditions. Nevertheless, risk factors still remain from the following 1) Continuing weakness in the private investment especially in the construction segment 2) Continued slowdown in manufacturing productions

still exhibit a decline of 2.2%. Although the economy is showing signs of recovery in many areas, factors that still need to be monitored include 1) the continuing trade tensions between the US and

mainly by the drop of revenue from sales and services, resulting from temporary closure of hotels, schools, and food/catering outlets. The impact was lessened from the Company’s continuing efforts from

August 2020, Asia Clean Energy Co. Ltd., a subsidiary, acquired common shares of 3 biomass power plants in the proportion of 100 percent with the consideration paid of Baht 464.6 million. From comparison