of the proceeds to discharge, reduce or retire other indebtedness, provide information about the interest rate and maturity of that indebtedness. For indebtedness incurred within the past 12 months

of SUTG and do not found the material adverse effect to the business transfer transaction and as of the business transfer date and there is no any event, circumstance or change that has or reasonably

date and there is no any event, circumstance or change that has or reasonably likely to have a material adverse effect to SUTG; (2) The Company’s Shareholders’ Meeting approves the Entire Business

found the material adverse effect to the business transfer transaction and as of the business transfer date and there is no any event, circumstance or change that has or reasonably likely to have a

business. 5 2) The Company does not have policy to materially change its core business. The Company and PF do not have policy to change the business operation. SAFARI Group intends to continue to operate in

. Benefits which shareholders will receive from the capital increase/share allotment 7.1. Dividend policy The Company has policy to pay dividend at the rate of not less than 50% of net profit of the

continuously improved, mainly due to a growing number of exporting goods by 10.9 percent. This expansion was said to be at the highest rate in 4 years. The private consumption has also increased with declining

-ups in Egypt and Portugal and significantly higher crude oil environment. Indorama Ventures 3rd Quarter 2018 MD&A 4 Strategic Progress Structural Change in Industry and IVL initiatives 2018-2019

financial due diligence of SUTG and do not found the material adverse effect to the business transfer transaction and as of the business transfer date and there is no any event, circumstance or change that

will change to 58.15 percent in case of registration of the Company’s paid-up capital resulting from the allocation of the newly issued ordinary shares to the existing shareholders pro rata to their