and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. Discussion and Analysis of the Company
previous quarterly. To: The President The Stock Exchange of Thailand Not yet recovered from the economic fever, world trade war Pushed to become infected with a new strain of the corona virus The IMF expects
started and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. And another reason is a one-time
represents increasing of loss 69 million Baht from Q2/2018’s profit of 7 million Baht. One reason for net loss is because of the work overload and shortage of skilled workers which started in Q1/2019 but with
oil and gas productions, utilizing strict quality and safety standards of the offshore industry. The Company has been provided skilled technical personnel to work on both onshore and offshore facilities
(“IVOG”) and Indorama Ventures Olefins LLC (“IVOL”), provide skilled and technical knowhow and give the opportunity to tap into new markets and products such as polyurethanes, agrochemicals, oilfield, fuel
together with personal that are capable and highly skilled. There are risks, from relocating to new location, of both management, construction, requesting license that cost and time consume. Moreover, there
strengthen and enhance a more sound cooperate image for both the Company and CCPT-KY. CCPT-KY would be able to attract and to recruit more professional and skilled personnel and to create a more competitive
professional and skilled personnel and to create a more competitive work place among other competitors. 8. Plan to utilize the proceeds from the IPO Plan CCPT-KY plans to use the proceeds from the IPO as follows