Limited Companies Act B.E.2535 (1992) to call an extraordinary general meeting in order to elect new directors. The SEC and other competent authorities have issued guidelines to set out the procedures
Shareholders of IFEC are encouraged to attend the extraordinary general meeting No.1/2018 and vote for new directors to fill seven vacancies. It is extremely important for IFEC to have an adequate
profitability pressured by high competition and low crude palm oil price. As a result, the company posted net loss of THB 36 million, declining by 154% from 2Q/2018. However, the company had an extraordinary item
| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record
to Make a Tender Offer for all Securities of a Business Takeover by Virtue of the Resolution of the Shareholders’ Meeting (Whitewash) and Convening the Extraordinary General Meeting of Shareholders No
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel
Waiver from the Requirement to Make a Tender Offer for all Securities of a Business Takeover by Virtue of the Resolution of the Shareholders’ Meeting (Whitewash) and Convening the Extraordinary General
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround