from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the
Reference is made to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on 2nd November 2018 regarding the acquisition of a 100% stake in M&G Fibras Brasil Ltda. located in Cabo de Santo
and Mexico Reference is made to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on 11th December 2018 regarding the acquisition of a 100% stake in UTT Beteiligungsgesellschaft
Germany Reference is made to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on 20th December 2018 regarding the acquisition of a 100% stake in the PET business of INVISTA Resins
Ventures Public Company Limited (“IVL”) on March 16th, 2018 regarding the acquisition of a 100% stake in M&G Polimeros Brazil S.A. in Ipojuca, Brazil. IVL would like to inform that it has completed all
Czech Republic and Slovakia With reference to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on June 29th, 2018 regarding the acquisition of 100% Equity stake in KORDÁRNA Plus a.s
in Europe With reference to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on October 1st, 2018 regarding the acquisition of 100% equity stake of Schoeller Group in Europe
renovation, especially at CentralWorld 2) lower revenues from hotel business during off-peak season 3) Ft tariff started to increase in this quarter 4) higher administrative expenses from the employment of new
increased 14.3% QoQ helped by peak summer vacation traffic during the quarter in July and August, operating expenses rose from higher maintenance cost and utility cost, the latter attributed to the increase
Competition 1.1 Electricity industry and Economic situation in Thailand In 2017, Thailand’s peak demand was 28,578 megawatts on 4 May at 02.20 pm, lower than the peak demand of 29,619 megawatts in 2016 by 3.51