Company expects that the completion of the Transaction will occur within 2 weeks following the date of the Share Purchase Agreement. The Transaction is considered an acquisition of assets in accordance with
completion date for sale of the Shares (the Completion Date) will be transferred to the 2 Purchaser. As at March 31, 2020, the total Outstanding Loans owed by UAB and SBM are approximately THB 761,311,211
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company
sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the
surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price
to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the
previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price
decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit
affected by floods which caused delay in the installation. Following such incidents, the Company received extension of completion due date under a resolution of the Cabinet to relieve construction
to receive one-third of the capacity of PTA and PET produced at the Corpus Christi Project upon completion. The value of the above transaction for IVL, calculated in accordance with the regulations of