factory which the details of assets are as follows; 1.4.1 Summary Details of Acquired Assets Property - Property of Assets : 5 empty plots of property totaling 27 rai 3 ngan and 62. 76 sq. w. or 11,162.76

in the area where most of the land is empty. Also, many plots are announced for sale at low prices because most of them are a land with a pond having the same condition as the Company's assets and

area where most of the land is empty. Also, many plots are announced for sale at low prices because most of them are a land with a pond having the same condition as the Company's assets and having

504.3mn decrease in land awaiting development when the Company sold an empty land plot. Liabilities Total liabilities stood at THB 7,174.4mn, a decrease of THB 1,433.4mn or 16.7% decreased from THB

decrease in land awaiting development and investment properties when the Company sold an empty land plot in 2Q19 and sold SPACE 48 – an office building project on Ratchadapisek road in 3Q19; and 4) THB

sold an empty land plot in 2Q/2019 and sold SPACE 48 – an office building project on Ratchadapisek road in 3Q/2019; and 3) THB  650.4mn decrease in condominium purchased for sales when The Diplomat 39

E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the

per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent

, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following

rates have remained steady.  Core EPS of THB 4.49, up 65% YoY, post 11.1% dilution from warrants exercise.  Operating Cash Flow of $1,037 million, despite higher working capital deployment due to start