Transaction, Kinpo and the Company agreed on the following condition precedent for the merged CCPH; a) Chairman or chairperson nominated by Kinpo Group shall have agreed that in case of tied votes in any agenda
restructuring exercise, Indorama Ventures Mexico Assets, S. de R.L. de C.V. (“IVMA”) has merged into Indorama Ventures Polymers Mexico, S. de R.L. de C.V. (“IVPM”). Post-merger, IVPM shall be the surviving entity
investment policies” means a provident fund which employs more than one investment policy, whether it is a single fund or a pooled fund; “single fund” means a provident fund established for employees of a
are merged together; (8) “mutual fund amalgamation” means amalgamation of two mutual funds or more into one mutual fund in which the mutual fund which accepts the transfer of assets purchases or accepts
revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential
from sales of single house projects, it is similar to that of Q1/2020. The income from rental and service business increases 27.97% from the same quarter of the previous year. It is as a result of the
backlog of the Company and subsidiary companies is 7,600 million THB i.e. 6,800 million THB from residential condominium and single house projects to be handed over in 2019 and 800 million THB from those to
expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims
business type is as follows: 1. Real Estate Development Business: 1) Income from residential condominium decreased 2.43290 billion THB or 28.24% from 2018. 2) The development of single house projects has