) for the 89.12% stake in Permata. The price payable by the Bank for the 89.12% stake in Permata will be finalised on the basis of a 1.77 times multiple of Permata’s book value (subject to certain
Credit (SBLC) in the amount of up to USD 50 Million by the Company to Indo Rama Synthetics (India) Limited (“IRSL”), a connected party. Rationale of the transaction: Post-acquisition of equity stake and
89.12% stake in Permata will be finalised on the basis of a 1.77 times of Permata’s book value, as set out in the last financial statements published by Permata prior to the closing of the Transaction
EVENTS 4 September 2018: Vienna House partners with major hotel developer. Vienna International hotelmanagement AG (Vienna House) has acquired a 50% stake in UBM+VH Hotels GmbH (UBM JV) for EUR 2.65mn or
Business: Our strategic focus is on: • Diversification by expanding the business overseas to balance out the revenue from both domestic and overseas in accordance with the Company’s long-term strategic plan
expanding the business overseas to balance out the revenue from both domestic and overseas in accordance with the Company’s long-term strategic plan. By 2020, the Company plans to increase its managed hotels
Reference is made to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on 2nd November 2018 regarding the acquisition of a 100% stake in M&G Fibras Brasil Ltda. located in Cabo de Santo
and Mexico Reference is made to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on 11th December 2018 regarding the acquisition of a 100% stake in UTT Beteiligungsgesellschaft
Germany Reference is made to the disclosure made by Indorama Ventures Public Company Limited (“IVL”) on 20th December 2018 regarding the acquisition of a 100% stake in the PET business of INVISTA Resins