that it will through its indirect subsidiary Indorama Netherlands BV (INBV) acquire the PTA assets of Artlant PTA S.A. in Portugal with production capacity of 700,000 tons per annum. In addition, INBV
acquire the PET facility of Egyptian Indian Polyester Company S.A.E. (“EIPET”) in Egypt. In this regard, on June 14th 2018, IVL has signed Definitive Agreements to acquire up to 50% of the Equity stake of
judgment amending the Civil Court judgment. The Appeal Court imposed civil sanctions as follows: the payment of a sum of 24,538,815 Baht together with 7.5% per annum interest calculated from such amount
2,666,666.67 Baht fine. The jail term was suspended for two years. The later, on February 18, 2020, The Appeal Court reversed the judgment of the Criminal Court, not pending for punishment and not fines. The
, 2020, The Appeal Court reversed the judgment of the Criminal Court, not pending for punishment and not fines. The case was deemed final. SEC Act S.243(1)(2) in conjunction with 244 and Section 86 of
Q2/2018, compared with the same period of 2017, comes from the adjustment of the provision from liabilities in Joint Venture according to the Supreme Court judgment which has previously been recorded
date (27 December 2018) until the date of completing the full payment – to SEC, the plaintiff.12/11/2019 The Civil Court has a judgment to dismiss the case.27/12/2018 filed a lawsuit to a
judgment of the Court of First Instance on November 24, 2006 that dismissed the case and sentenced the accused to12 year imprisonment for breaching of Section 56 and Section 312 of Securities and Exchange
containing materially false or incorrect statement in order to deceive others. The action was violation of Section 312 of Securities and Exchange Act B.E. 2535 The Appeal Court overturned the judgment of the
fine of Baht 30,000 and a further fine of Baht 1,000 each day starting from the judgment date until the company so complies. SEC Act S.300 in conjunction with 56(1)(2)(3)(4) and 199 Criminal Complaint