may lower farm income and 4) on going high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first five months of 2019 still

high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first six months of 2019 still showed an expansion with sales for the

due to economic uncertainties and the delay in public investment. Meanwhile, in the auto industry, the total number of car sales for 1Q20 stood at 200,064 units, contracting by 24.1% both in passenger

economic uncertainties and the delay in public investment. Meanwhile, in the auto industry, the total number of car sales for the first 2 months of 2020 stood at 139,959 units, contracting by 12.7% both in

average premium of around US$185/t of PET (Shale to PET) over Asian margins (Naphtha to PET). This comes primarily from the cost advantage over naphtha that shale gas brings, allowing IVL to create industry

quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant

the transaction Takuni Land, subsidiary of the Company will enter into asset purchase agreement to buy 2 land plots, total size of 3 Rai 0 Ngarn 23 Square Wah (1,223 Square Wah), 2 title deeds number

Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk Management and Risk Factors 6 2.1 Credit Risk Management 6 2.2 Market Risk Management 6 2.3 Liquidity Risk Management 7 2.4 Other Risks Management

and can reduce the financial cost. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This

(Enclosure 4) 1 (-Translation-) Information Memorandum on the Connected Transaction and Asset Acquisition of Master Ad Public Company Limited pursuant to Schedule 2 of the Notification of the Board