largest online travel company, to add a new distribution channel and incorporate a marketing campaign globally. The Company can enhance ticket sales through various sales channels of Expedia and its

company, to add a new distribution channel and incorporate a marketing campaign globally. The Company can enhance ticket sales through various sales channels of Expedia and its subsidiaries especially in

two malls will undergo leasable area expansion for new tenants and expansion of existing shops, as well as incorporating various destination concepts, such as Food Destination and Co-working space, to

Group, which will allow the Company to extend its power and utility production business which makes use of other different fuels. Furthermore, the transaction will promote investment in order to bring

arrangements. We refer to both non-executive and independent non-executive directors (also known as ‘outside directors’) throughout the Principles. This recognises the different approaches to board composition

of the group of companies that identifies the shareholding proportions and the voting rights (if different from the shareholding proportions). In case of a subsidiary formed by a joint venture

; - 9 - SEC Classification : ใชภ้ายใน (Internal) (2) Shareholding diagram of the group of companies that identifies the shareholding proportions and the voting rights (if different from the shareholding

natural hedge against short-term volatility in product margins.  Core EBITDA margin has enhanced from 6.4% in 2013 to 11.4% in 2Q17 and this is targeted to fur- ther improve from the various strategic

quarter in 2019.  The Europe region for IVL is expected to benefit from ramp up of various units as well as higher margins arising from Asia linked sales. Americas  Production in Americas was up 5% YoY

quarter in 2019.  The Europe region for IVL is expected to benefit from ramp up of various units as well as higher margins arising from Asia linked sales. Americas  Production in Americas was up 5% YoY