and the Sellers expect to execute the shares sale and purchase agreement and complete the purchase of COMASS’s shares within June 2019. The transaction constitutes an acquisition of assets pursuant to
flow of the business more appropriately and will encourage the other projects continuous progress Interest rate 6.5% per year which is higher than the deposit interest rate that the company receive from
integrated tourism complex (“1st Phase Development”). • In February, the Company entered into an Equity Purchase Agreement with conditions precedent to invest in six Outrigger-branded hotels (totaling 859 keys
) write-off non-refundable deposit for the interest purchase of THB 0.71 million, resulted from terminating the agreement to purchase interest in Soma Kyodo Self-Generation Development GK (“SKD”) in
year 2018, SAAM Group has other expenses of THB 1.61 million including write-off of deposit and write-off of work in progress of THB 0.71 million and THB 0.90 million, respectively. Such transactions are
1 -Translation- No. ECF2 046/2562 24 December 2019 Subject: Report of Resolution of Board of Directors' Meeting Re: (1) Disposal of Rights under Loan Agreement, Pledge Agreement and Memorandum of
investment in subsidiary companies 22.41 million and loss from impairment of increased investment in associates 107.17 million Progress on court’s consideration and legal enforcement of the main debtors 1.1
Region; and in Icon Branches in Bangkok by granting HHC the entitlement for Franchise for 10 Years. Numbers of branch entitled for Franchise are 25 branches at the amount of 50 MB. Terms of agreement for
agreement with NIHK 11/03/2020 08:51 Notification of Resolutions of the Board of Directors' Meeting to Enter into a service agreement with NSL 27/11/2019 18:35 Resolutions of the Board of Directors' Meeting
) will have 2 options. 1. The company will pay back the investment with interest of 6.75% per year within 5 years as stated in the agreement. The interest will be applied since the first time of borrowing