transaction price of THB 924.90 million is within the appropriate price range as evaluated using the Adjusted Book Value Approach, which is equivalent to THB 912.57 – 937.23 million (Details of the IFA’s
complete by 1Q20. Adjusted EBITDA in IVL definition for these assets for 3Q19 is US$122M and LTM3Q19 is US$360M. The acquisition strategically fit with IVL’s US gas cracker and oxides investment as it
restricted bank deposits by Baht 37.17 million due to changed in collateral and adjusted in available- for-sales to market price at amount of Baht 137.46 million. The investment in associated company and joint
1Q2018 mainly from accounting adjusted of doubtful debt amounted of Baht 22.5 million Finance Cost decreased from Baht 146.0 million in 1Q2017 to Baht 93.7 million in 1Q2018 due to loan repayment of Baht
654 252 651% (62%) Performance without non-operating items 1 Adjusted EBITDA 282 148 280 (1%) 90% Note: 1 includes gain (loss) from foreign exchange rate, professional fees in relation to M&A activity
hat adjusted u .03 million d an, as well as million, incr ase of Baht 3 million, deben usiness Baht penses from million incre plant project s companies companies, t ompany reco on in compar ion or 25.80
sustainable growth. The company has adjusted the stock management to be more efficiency in order to response to the economic and challenge surrounding situations. Moreover, the Company plan for a road map in
Junction branches that could not achieve its target performance. In the past year, the Company closed a total of 5 branches. However, the Company has adjusted its operating strategies by increasing sales
performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
especially the reduction in the price of raw material which is the main cost of sales of the Group. We also adjusted selling price since May this year, which causes gross profit margin to increase