Credit (SBLC) in the amount of up to USD 50 Million by the Company to Indo Rama Synthetics (India) Limited (“IRSL”), a connected party. Rationale of the transaction: Post-acquisition of equity stake and
661 6664-5 www.indoramaventures.com Ref. No. 003/01/2019 15th January 2019 Subject: Information Memorandum on a Connected Transaction and Open Offer of Shares in Indo Rama Synthetics (India) Ltd. To
disclosure timing of M&A information and the quality of accounting information after IFRS adoption: the case studies of China and India?. The papers showed that quality of financial and non-financial
. Due to the severe situation of COVID-19 in India, ranked at world’s 2nd highest in COVID-19 cases, FPI Autoparts India Private Limited was unable to meet the target revenue. The pandemic caused the
(comparingQ on Q) is a result from recovered order from India which is started in September 2017. by 2.41 million baht (0.38%) comparing with 9 months of last year which is result from paused order from India
be the Joint Venture with newly established in India. The Company will invest in the Joint Venture for 45% of the registered capital of INR 100 million. Representing an investment of INR 45 million
“Company”) would like to inform that it has, through its indirect subsidiary, Indorama Netherlands B.V. (“INBV”), entered into a Joint Venture agreement with Dhunseri Petrochem Limited (“Dhunseri”), India to
, Australia; and (v) Ankleshwar, India. IVL would like to inform that all formalities with regards to the said Transaction has been completed on 3rd January 2020. This acquisition reinforces IVL’s Integrated
, Indonesia and India markets experienced in 2019. For Malaysia market, although the TIV shown slightly improved from 2018, but it does not translate into a higher sales revenue mainly the increase was
quarter 1 2020. 2. Loss from recognition of other comprehensive income resulting from change in status of investment in FPI AUTOPARTS INDIA PRIVATE LIMITED amounting to Baht 22 million in the first quarter