party to the Company to sale 51% of its shareholding in AVAP. This amicable transaction is value at VND 288 billion or equivalent to Baht 377 million with a gain to the company. This disposal of asset
investment complies with the company’s investment policy framework as laid out by the Board, and that it has been considered carefully and reasonably. Despite exposure to several risk factors, the investment
joint partnership in a World Class Asset with long continuous production life, the oil produced is highly priced light crude oil. The investment is a considerable progress made on the foundations laid by
be carried out according to the measures laid down, the situation can be resolved, and the economy could recover. The Company has been monitoring the situation closely and has launched several policies
STRATEGIC UPDATE IN 2019 2019 was marked by notable strategic developments for MACO. The company has successfully laid the foundation for growth in Malaysia and Indonesia, as well as expanded its footprint in
major bounce back from the lows of 2020, reaching a high of over US$65 in March 2021. Led by China, consumer demand is booming and commodities are experiencing what some even call a super cycle, which in
viability, the SEC Board laid out a policy and procedures for managing risks of market supervision and operation as summarized below: SEC Board Members Total Attendance/ No. of Meetings Minister of Finance
stakeholders. Implementation in each area is as follows: Risk Management To safeguard against adverse impacts of market incidents or risks pertinent to market viability, the SEC Board laid out a policy and