Ref.No.IVL008/02/2018
21st February 2018
President
The Stock Exchange of Thailand
Subject:The Establishment of a New Indirect Subsidiary Company in Indonesia
Indorama Ventures Public Company Limited ("IVL") would like to inform the setting up of a new indirect subsidiary company in Indonesia to undertake a feasibility study for the setting up a Mono Ethylene Glycol plant. Details as below:
Name of the new Subsidiary Company:PT. Indorama Glycol Indonesia (IGI)
Registered Country:
Indonesia
Nature of Business:
Manufacturing
Registered Capital:
USD 500,000 (equivalent to Baht 15,700,000)
Paid-up Capital:
USD 500,000 (equivalent to Baht 15,700,000)
Percentage of Investment:
Please be informed accordingly.
Yours faithfully,(Mr. Souvik Roy Chowdhury) Company Secretary
99.80% by Indorama Netherlands B.V., and 0.20% by Indorama Netherlands Cooperatief U.A., wholly owned indirect subsidiaries of IVL.
INDORAMA VENTURES PUBLIC COMPANY LIMITED
75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand
Tel. 02-661-6661 Fax. 02-661-6664www.indoramaventures.com
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