property fund for exemption of the value added tax, the specific business tax, and the stamp duty due to the conversion of a property fund into a real estate investment trust, as well as the benefits
required to pay civil monetary penalties, compensations in the amounts equal to the benefits received or would have been received, and reimbursements of investigative expenses incurred by the SEC, as the
were required to pay a civil monetary penalty, return the benefits received from committing the offense, a bar from serving as directors or executives in securities issuing companies or securities
the benefits of the Company and shareholders. For this reason, the Board of Directors’ meeting has reconsidered the investment in S-TREK in order to protect the benefits of the Company and shareholders
and may affect the benefits of the Company and shareholders. For this reason, the Board of Directors’ meeting has reconsidered the investment in S-TREK in order to protect the benefits of the Company
which will be due in 2021-2024. 6. Benefits which the Company will receive from the capital increase/share allotment The capital increase will result in a stronger and more stable financial structure, in
administrative expenses to operating revenue, and tax benefits from BOI. Operating revenue continued to show growth compared to 9M/2018, mainly driven by 4 key growth drivers including “Younique Customized
2018 and for the full year in 2019. The advantages of Figure 2: IVL’s Business Profile Figure 3: Margins and Returns Note: Core Financials, all ratios are based on US$ calculation Note: Core EPS for 2013
increase in raw material cost, salary and benefits of the employees, electricity, gas expenses and repair and maintenance expenses. Cost of services was Baht 392.61 million, which increased from the same