shortages back in year 2018 has now resumed back to its normal condition as compared. Consequently, the Company has continuously shown an overall upstream performance as compared. Please be informed

and that the impacts derived from the material shortages back in year 2018 has now resumed back to its normal condition. Consequently, the Company has shown an overall upstream performance as compared

year’s financial statements being audited / reviewed by predecessor auditors (paragraph........); ฆ 6.2 Comparative information that have not been audited / reviewed (paragraph........); ฆ 6.3 Significant

impacts derived from the material shortages back in year 2018 has now resumed back to its normal condition. Consequently, the Company has continuously shown an overall upstream performance as compared

overall upstream performance as compared. Please be informed accordingly Sincerely Yours, ----------------------------------- (Mr. Khongsit Choukitcharoen) Managing Director

fabric and then to produce plastic sacks. In which plastic fabric products are upstream products There are many vendors. It has low added value and gross profit margin and can be purchased at market prices

upstream product. It has low added value and gross profit margin. In addition, there are not less than 10 vendors to supply the plastic fabric, which the Company can purchase at a price lower than the

business which is the MDF Board production, which is an investment through Planet. This supports business or the upstream business, which can integrate the overall business and drive the capability, profit

the furniture production and distribution, the main business, to the related business which is the MDF Board production, which is an investment through Planet. This supports business or the upstream

businesses will be the core platform for continuous growth in selective upstream & downstream integration over the next 5-10 years. On a proforma basis, this acquisition will add 25% to IVL’s 2018 core EBITDA