of all shares in the Company and also being a shareholder in TBSP holding 17.80 percent of all shares in TBSP. General Characteristic of the Transaction and Size of the Transaction The transaction is
Characteristic of the Transaction and Size of the Transaction The transaction is the transaction relating to assets and services (Type 4) which is an acquisition of ordinary shares in TBSP (a subsidiary of the
which is to be established and CPN REIT Management Company Limited, in which CPN is holding 99.99 percent of shares, will be the REIT Manager. 3. The general characteristic of the transaction 1) Type of
Companies Concerning the Connected Transactions, 2003, dated 19 November 2003 (as amended), the company will comply with the rules. 1.3 General Characteristic and Size of the Transaction 1.3.1 Characteristic
19.92%, respectively. The increase was due to the company and subsidiaries managed to control their selling and administrative expense well. Total expense compared to total revenue ratio decreased from
by 3.1 Million THB or 22.3% YoY since one of the company’s subsidiary has managed to lessened the loan principal with a bank. Net Profit/(Loss) for the year Net Loss of 278.9 Million THB, Loss
business(1) Indicators 2017 2018 9 months in 2018 9 months in 2019 Self-Managed Hotels(2) Number of hotel(3) 2 2 2 2 Number of key(3) 278 291 284 297 Occupancy rate (%)(4) 81 76 78 73 ADR (THB) 8,074 8,415
than existing products; and became more experienced with the production of high-end products, resulting in higher gross margin for Company. And the Company also better managed production costs from new
Proceeds: the issuer must demonstrate the tracking of the managed proceeds for the designated project and credit the proceeds into a sub-account, in clear separation from the issuer’s other accounts; 2.4