higher demand from Cambodia and Myanmar. The Company’s sales to Myanmar and Cambodia hit a record high in 3Q19 and 4Q19 respectively. As to leverage the leading position in Cambodia, carbonated Carabao

$! $5-7+:/- +!! /-3! 17 9 % leverage -A !5!!B9 C& ! 5 ,/ D! E! 2F+5!7 / !5:!33G +! &9 H,-FFH,7+61 9 %4 -I!: +J 3 !KL&!5I ! -M7- C ,/!I!35A1 ,/5!7 !-N33:4565 I: ,/3 25 +J!8A6 9!3C!93 / !/6 !/!3+!!! 9

established in accordance with the following rules: (1) arrange the structure of the company in an orderly systematic way, according to duties, with a view to: (a) prevent dishonest acts of its personnel; (b

organisational structure of the company shall be established in accordance with the following rules: (1) arrange the structure of the company in an orderly systematic way, according to duties, with a view to: (a

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

 เร่ือง ขอขึ้นและตอทะเบียนเจาหนาท่ีการตลาด ขาพเจา นาย/นาง/นางสาว ………………………… ช่ือสกุล ………………….……… มีความประสงคขอขึ้นทะเบียนเจาหนาที่การตลาดประเภท ตราสารทุน ตราสารหนี้ ตราสารที่มี leverage โดยมี

2017/18 2018/19 Liquidity Ratios 31-Mar 2018 31-Mar 2019 Efficiency Ratios Leverage Ratios   MANAGEMENT OUTLOOK Advertising Payment Logistics

will open up new market opportunities and enhance value to our customer by further enabling them to leverage IVL’s existing manufacturing capabilities and supply chain. The value of the above acquisition

Profitability Ratios 1Q 2018/19 (Restated) 1Q 2019/20 Liquidity Ratios 31-MAR 2019 (Restated) 30-JUN 2019 Efficiency Ratios Leverage Ratios  MANAGEMENT OUTLOOK

Ratios Leverage Ratios  VGI PUBLIC COMPANY LIMITED MANAGEMENT OUTLOOK