be properly supervised by the business providers and for a more effective supervision system to make the regulatory system more efficient and comply with international standard, such as, the right to

Offeror : Standard Chartered Bank | Date of submission of the Statement of Intention : 12/04/2005

Offeror : Standard Chartered Bank | Date of submission of the Statement of Intention : 23/07/2007

Offeror : AMERICAN STANDARD INC. | Date of submission of the Statement of Intention : 01/11/2004

Offeror : MITR PHOL SUGAR CORP. LTD | Date of submission of the Statement of Intention : 29/08/2011

Offeror : MITR PHOL SUGAR CORP. LTD | Date of submission of the Statement of Intention : 16/09/2011

Offeror : MITR PHOL SUGAR CORP. LTD | Date of submission of the Statement of Intention : 02/02/2012

Offeror : MITR PHOL SUGAR CORP. LTD | Date of submission of the Statement of Intention : 15/02/2012

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales