to 34.82 THB/EUR in 2Q 2020) since the majority of the Company’s hotels earns their revenue in Euro and (ii) the reduction of room rates to drive occupancy during the COVID-19 situation. The overall
/2017 on December 12, 2017. The meeting unanimously approved significant matters as follows: 1. Approved the reduction of the Company’s registered capital by Baht 212.00 from the existing registered
(the “Company”) held the Board of Directors’ Meeting No. 6/2017 on December 12, 2017. The meeting unanimously approved significant matters as follows: 1. Approved the reduction of the Company’s
Company and its subsidiary will not change its Board of Directors. The group companies continue to be operated by current Board of Directors and Management. 2. The Board of Directors approved the
related acts in order to duly effect the registration. 2. Approved to propose the Extraordinary General Meeting of Shareholders No. 1/2018 considers and approves the reduction of the Company’s registered
' significant resolutions as follows: 1. Approved to propose to the Extraordinary General Meeting of the Shareholders No. 1/2018 (the “EGM”) for consideration and approval of the reduction of the Company’s
to the accounting standards as specified by a professional institution approved by relevant government authorities and in accordance with additional regulations specified in the notification of the SEC.
, representing a 19.26 percent decrease. The drop in total revenues was partly a result of reduction in sales revenue which decreased to 60.38 million baht from the first quarter of the year before, when revenue