right adjustments for CCET-WB A. Exercise price shall be adjusted as follows: Price 1 = Price 0 x [(A x MP)+BX] [MP x (A+B)] = 3.38 x [(4,554,643,575 x 2.74) + (486,000,000)] [2.74 x (4,554,643,575
increased Baht 2,839 million or 134% from Q1/2019. For Q1/2020, the Company’s Adjusted Net Income, which is the net profit excluding the fair value of intangible asset from the acquisition of GLOW was Baht
. While retail price adjusted upward at a relatively slower pace. The industrial margin declined during the low season with high competition. As such EBITDA was recorded at THB 474 million (-22% YoY, -29
selling price may have adjusted upward to coincide with market price. Moreover, there was an allowance for impairment losses according to accounting standard in the amount of THB 1,528 million in the
transaction price of THB 924.90 million is within the appropriate price range as evaluated using the Adjusted Book Value Approach, which is equivalent to THB 912.57 – 937.23 million (Details of the IFA’s
modified decision by ordering the Company to make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted interest at the rate of 8.50% per annum. 6
’ equity As at 30 June 2020, the Company’s shareholders’ equity was Baht 1,464.29 million, decreasing by Baht 15.33 million from end of 2019, mainly due to adopted TFRS9, TFRS 16 using the modified
million or 0.44% from end of 2019, mainly due to adopted TFRS9, TFRS 16 using the modified retrospective method of initial adoption of which the cumulative effect is recognized as an adjustment to the
complete by 1Q20. Adjusted EBITDA in IVL definition for these assets for 3Q19 is US$122M and LTM3Q19 is US$360M. The acquisition strategically fit with IVL’s US gas cracker and oxides investment as it