the present time and in the future, due to such land’s location adjacent to the Head Office of the Company; and for this reason, the Company then absolutely needed to purchase such land. In addition
Land Lease Agreement (In the present, the Company has rented the factory area 750 square meters and office building 200 square meters 1/) for the production of adhesive and oil paint, which are the
increase in number of staff at the present time and in the future, as such land is adjacent to the location of the Head Office of the Company. For this reason, the Company then absolutely needs to purchase
departments, including more personnel. for the Transaction Interested Directors : Mr. Jakkaphong Jakrajutatip and Ms. Pimauma Jakrajutatip who neither were present nor offered any opinion on this agenda item
made by Indorama Ventures Public Company Limited (“IVL”) on 9th November, 2017 regarding the acquisition of the PTA assets of Artlant PTA S.A. and the adjacent utility assets of Artelia Ambiente, S.A. in
Jakrajutatip and Miss Pimauma Jakrajutatip who neither were present nor offered any opinion on this agenda item. Opinion of the Board of Directors : The Board of Directors is of the view that the execution of
-month period ended 30 June 2019) 5 U CITY PCL In 2Q 2019, we acquired a commercial building adjacent to BTS Ploenchit (“Noble Ploenchit Commercial Building”), increasing our office portfolio NFA by 4,447
start of this project are lower than buying new lands for development. At present, to procure or to collect big plots of land that have adjacent area are quite difficult and use a lot of investment funds
company will be forfeited. The bidding bond still bound with the Provincial Waterworks Authority. Additional management considerations The management has considered that the said land is adjacent to the
has also signed a definitive asset purchase agreement to acquire the adjacent utility assets of Artelia Ambiente, S.A. Portugal which has a capacity of 40 MW of electricity plus steam, demineralized