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
board‟s responsibilities inherently demand the exercise of objective, independent judgement. However, given the ownership structure in Asia, directors often remain appointees of controlling shareholders
Exchange of Thailand (SET) and to hold the shareholders’ meeting for the ratification of the aforementioned transaction. Moreover, the Company is required to appoint an independent financial advisor to give
scope of work, duties and responsibility of executives and units. Clause 4/1.8 A securities company shall have independent director of at least one-forth of its board of directors. 6As added by the
inside information regarding securities issuers; (4) clear scope of work, duties and responsibility of executives and units. Clause 4/1.8 A securities company shall have independent director of at least
, duties and responsibility of executives and units. Clause 4/1. A securities company shall have independent director of at least one-forth of its board of directors. In case the independent director
) and Economics), Georgetown University, Washington D.C., U.S.A Current Appointments Member of Financial Institutions Policy Committee, Bank of Thailand Independent Director and Member of the
independent financial advisor to provide an opinion on the asset acquisition transaction and submit such opinion to the SEC, the SET, and the shareholders of the Company for their consideration. Furthermore