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

more cash flow circulate in its operation. Board of Directors’ Opinion. Agreed to approve the sale in order to increase liquidity of the Company and also decrease debt and interest expenses Please be

hence is not required to circulate to all shareholders. Also, this transaction is not a connected party transaction. Please be informed accordingly, -Signed- Mr. Tee Seeumpornroj Chief Finance Officer

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

million (For support sales and market policies) - Temporary Investment decreased Baht 83.4 million (Used to circulate within the business) As of March 31, 2019 total liabilities amounted to Baht 777.4

companies which need to inform SET and circulate to their shareholders for acknowledgment within 21 days from the date informed SET. 13. Board of Directors’ Opinion : Agreed to approve buying the land for

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

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