On 22 September 2022, the Capital Market Supervisory Board Meeting No. 10/2565 passed a resolution approving the proposed amendments to the regulations related to establishment and relocation of offices or branches of business operators in accordance with the Regulatory Guillotine to increase flexibility and streamline processes and operating burdens on the business sector. Essentially, the proposed amendments would: (1) apply the same auto approval principles for the establishment of...

made by Indorama Ventures Public Company Limited (“IVL”) on 9th November, 2017 regarding the acquisition of the PTA assets of Artlant PTA S.A. and the adjacent utility assets of Artelia Ambiente, S.A. in

has also signed a definitive asset purchase agreement to acquire the adjacent utility assets of Artelia Ambiente, S.A. Portugal which has a capacity of 40 MW of electricity plus steam, demineralized

the present time and in the future, due to such land’s location adjacent to the Head Office of the Company; and for this reason, the Company then absolutely needed to purchase such land. In addition

follows: 1. Approved the purchase of vacant land of 24 – 2 – 24.6 rai, which is the plot of land adjacent to the Company's current plot of land, totaling Baht 85.97 million or equivalent to Baht 3.5 million

stemmed from the decrease in sugar prices and cost of production. Since the 1st quarter of 2017, the Company had been relocating its production lines of sauces and condiments to the new factory, such

maintained. CW Tower is high potential location for business and has comparable rental fees with buildings within the adjacent area. Therefore, the transaction is considered appropriate and is beneficial to

, and the office was relocated to support the expansion, resulting in cost of relocating and writing off existing office improvements. There was no such expense in this year, which made the Group's

cost from relocating some product from the old production line to the new one; 4) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher

consideration value is from negotiation and agreement between the Parties by using the rental rate equal to the contract that leases adjacent areas and close to the rental rate in Bangpoo Industrial Estate area