September 2020 the Company is current asset in which accounted for 51.9% of the total assets and non-current asset accounted for 48.1% of the total assets. THB MB % THB MB % Current assets 577.5 49.8 692.9

://market.sec.or.th/public/idisc/Download?FILEID=dat/news/201905/19050122.pdf 19075462.pdf 9% Inventories 67,604 70,085 (4)% Other current assets 13,628 10,850 26% Total current assets 130,836 124,284 5% Investment

IVL has been involved in this business for the past two decades, first through a JV with Serm Suk PCL in Thailand and thereafter expanding its footprint in to frontier markets. The current portfolio

% 2 from 4.0% at the end of 2019 from asset quality management and also partly impacted by the current staging suspension for loans under financial assistance under the Bank of Thailand measures. 1

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and Determination of the Date of Extraordinary General Meeting of Shareholders No. 1/2018 To: President The Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a Discount of...

assets as of March 31, 2019 was 1,641.7 million baht, decreased 9.2 million baht or 0.6 percent compared to the total assets as of December 31, 2018. (1.1) Current Assets As at March 31, 2019 currents

March 31, 2018 was 1,615.6 million baht, decreased 24.3 million baht or 1.5 percent compared to the total assets as of December 31, 2017. (1.1) Current Assets As at March 31, 2018 currents assets amounted

production as there was no order presented, affecting the company directly during the second quarter of 2020. The situation also affected the company’s waste sent for treatment and disposal from our current

OPEC’s lowered heavy crude export after production limitation were put in place since the past January. While the closure of Japanese refineries 10 | Management Discussion and Analysis of Business

no condition or limitation that be related to the Company’s dividend. 10. Opinion of the Board of Director Agreed to approve the Company to buy the land for investment as mentioned above as the price