. Meanwhile, farm income declined due to a more-severe-than expected impact of the drought. The Bank of Thailand reduced Thailand’s economic growth projection for 2020 to contract 5.3% (as of March 2020
time, still receiving the Availability Payment revenue as the company still has the ability to generate electricity to EGAT as contracted. Thus when comparing Sriracha Power Plant operation in 2017 with
generate revenue and profit of the Company in the future. Moreover, it shall diversify risks on business which is not only depended on main revenue from television media business which it growth rate has
according to lease agreement of 3 years with possibility to renew the agreement for another 3 years, based on the project’s performance, with 3,000 users daily or 1,200,000 users and expecting to generate at
expected to generate THB 6,200 - 6,500mn. We expect Vienna House to benefit from (1) the uplift of renovating 5 hotels, (2) the opening of 2 hotels Vienna House Mokotow Warsaw and Vienna House Easy Kronberg
, following the Company’s long-term plan to build foundation for future growth. However, some investments cannot generate revenue immediately, and some investments are not fully utilized or have not reached the
and shareholders in various aspects such as: Facilitate ICUK’s business operation in pursuant to the business plan that the Company believes in that ICUK would potentially generate profit in the
operation in pursuant to the business plan that the Company believes in that ICUK would potentially generate profit in the future and be one of the Company’s long-term growth drivers; Reflect the control
the Target Group Hotels and Resorts will generate recurring income to the Company. 9. Sources of fund for entering into the transaction o The Company expects to fund not exceeding USD 158 million or