footprint and leverage the financial and commercial skills of IVL to create shareholder value. The transaction is funded by IVL’s internal cash flows and debt financing only and does not necessitate any
working capital in business operation, sourcing raw materials, and increase Company’s production capacity. The interest rate of this loan can be divided into 3 categories as follow; 1. Funded portion at 12
fund as working capital in business operation, sourcing raw materials, and increase Company’s production capacity. The interest rate of this loan can be divided into 3 categories as follow; 1. Funded
from pre-acquisition level of 35% to 56% by end of 2019. IRSL refinanced its outstanding debt with banks in India and managed to reduce cost of financing for funded long term facility by 8% p.a. and for
gross profit margin for 2018 was 47.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine
activity reports. 7. The system of public oversight shall be adequately funded. The funding for the public oversight system shall be secure and free from any undue influence by statutory auditors or audit
transferred to the Subsidiary, the Company will make an additional investment in Leyland in an amount of not exceeding THB 216,000,000 which will be funded for construction of building and various types of
business according to the accounting standards under WHA level. However, the genuine gross margin in were at 53.0% and 51.1%, respectively. The decrease in genuine gross margin, compared to the same period
genuine gross margin in were at 52.5% and 51.5%, respectively. The decrease in genuine gross margin, compared to the same period of last year, was mainly due to change in product mix between Built-to-Suit