returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019
preparation for stringent preventive measures at AGM, it may not sufficiently address the rapidly changing situation and uncertainties ahead. The Board of Directors no. 5/2020 held a meeting on 27 March 2020 to
associated with the Project include liquidity risk of contractor business and sales would not go ahead as planned due to community opposition in the area nearby Wat Lengnoeiyi, causing delay of the Project
time to be overcome. Moreover, several other challenges still lie ahead. These include intensified competition between banks and non-bank players amid the fast-changing technology, the National e-Payment
have not any change of such term of payment. As a result, the Company is required to (1) preparing the information memorandum regarding the acquisition of assets according to Enclosure No. 1 Information
various segments, the Bank in-house research has revised the Thai economic expansion for the year 2018 to be 4.2% from earlier projection of 3.8%. Despite the improving economy, there are challenges ahead
expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of
our fibers business to achieve Assets full potential and Operational excellence across 13 sites of Combined PET and Integrated Oxides and Derivatives segments. As we look ahead for 2020, we feel
and are inelastic consumer goods. As we look ahead for 2020, we feel confident in our business model as our global footprint having regionalized ecosystem coupled with inelastic nature of products allow
Maharashtra from 23rd March 2020, and IRSL plant is under complete shutdown. The start & ramp up of operations going ahead will now be aligned to normalization after removal of lockdown and demand from