incurred was higher than the estimate. And Compare to the profit of Q2–2021 and Q2–2020, it found that the rate of change was significantly increased. Those have the increased rate -2- in profit is equal to
consideration of using the pledge rights in the amount of Baht 100,000,00 in case that WHART Trust extend the lease period. 2 Cost estimate of the assets value of Bangkok Property Appraisal Company Limited
unrealized gain on exchange rate of Baht 245 million mainly from the outstanding of net liabilities in US dollar while Thai Baht was appreciated against US dollar during that period; and • Non-recurring
whether the nature of the estimate or assumption is material because of the subjectivity and judgment required to account for highly uncertain matters, as well as whether the estimate or assumption will
period of 5 years. In this regard, estimate of distribution fee is THB 1,524,328,040.33. Events after the entering into Connected Transaction in February 2014 After the signing of Agreements with Mahachai
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
an impact from the THB appreciation against USD; in which the THB was appreciated from 33.1 THB/USD in Jul 2018 to 32.4 THB/USD in Sep 2018 (2% appreciation). Consequently, the company posted net
Karlovy Vary (Czech Republic), one of the Company’s managed hotels with a total of 126 keys. The average daily rate (ADR) decreased THB 70 per night as a result of the THB appreciation (THB appreciated from
result of (i) the THB appreciation against EUR (THB appreciated from 35.90 THB/EUR in 1Q 2019 to 34.49 THB/EUR in 1Q 2020) since the majority of the Company’s hotels earns their revenue in Euro and (ii