justice denied.” The SEC is therefore continually increasing the capacity of enforcement, both through improvements in working procedures and through proposition of necessary regulations. As examples, we
was mainly due to the rolling out of new digital media, which consists of 21 LED billboards across 19 provinces. In the same period, this business segment also benefitted from the consolidation of Multi
growth of 46.8%, or THB 84mn reaching THB 265mn in 3Q 2017/18. The increase was mainly due to the higher utilisation of 21 LED billboards. The product is increasingly popular with customers since being
compensation from NBTC partially covered revenue loss. After gradual lifting of lockdown in late May-20 and economic activity slowly resumed, there were pent-up demand led to rebound in new acquisition and
decline of 6.14 $/BBL or 10% compared to previous year. This has led to performance from 2018 to 2019 of the refinery industry, including the company’s, to decline. In 2019, the company and its subsidiaries
reflecting management actions on working capital optimization and extract efficiencies. Net working capital reduced by three days over last year. The Thai Baht strengthened 7% yoy and adversely affected
9 9. Source of Investment Capital The source of funding for the acquisition of ordinary shares of COMASS will come from the Company’s working capital and loan granted from a financial institution. In
of shareholding will cause the Company to have absolute control over the operation of COMASS and resulting in the Company be able to utilized the LED screens and billboards of COMASS in its full
extraordinary items. 5Operating Cash Flow is after changes in net working capital and cash tax, before maintenance capex. Indorama Ventures 2nd Quarter 2020 MD&A 3 Business Segments Definitions IVL now
estimated to expand led by mid- to high- income non-agricultural household, which are the Company’s target customers. The BOT’s report mentions on real estate sector that, in 1Q18, there remained pockets of