December 2019 2. The parties involved : Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Advantage Footwear Company Limited [AVF] Relationship : PAF holds direct and Indirect the 84.25
source of revenue leveraging upon CSL's expertise and expanded subscriber base as well as in the cost benefit from co-used infrastructures. The synergies will be gradually realized following the
base as well as in the cost benefit from co-used infrastructures. The synergies will be gradually realized following the integration plan. Capture EBITDA from both revenue growth and cost efficiency In
Audit Committee Board of Directors and Audit Committee have examined together that in the past 1-2 years, the joint venture company has lost operating results. One of the reasons is high interest expense
interest expense which the interest rate is approximately 9-10 percent per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human
average premium of around US$185/t of PET (Shale to PET) over Asian margins (Naphtha to PET). This comes primarily from the cost advantage over naphtha that shale gas brings, allowing IVL to create industry
profit 1,485,253 1,058,006 427,247 40.38 Gross profit margin (%) 32.67 34.52 (1.86) (5.38) Total revenue 4,713,138 3,264,365 1,448,772 44.38 Total Cost & Expense 4,385,762 3,012,725 1,373,037 45.57 Selling
financial cost. Gain from debt restructuring The Company has gain from debt restructuring in the year 2017 amounting THB 1,514 million (Consolidated) resulting from the partial accrued interest haircut
. (Separate: THB 790 million and 836 million, respectively, decrease of THB 46 million resulting from the repayment of short term loan which lead to the decrease of financial cost. Gain from debt
exceeding Baht 596 million (less than 3% of NTA, as of December 31, 2017) 5. Details of assets or services: - Service and Expense Fees : total amount not exceeding Baht 596 million (less than 3% of NTA, as of