JVs that are bearing costs associated with sales, marketing and project development. It was partially offset by THB 17mn profit contribution from Absolute Hotel Service (AHS). MANAGEMENT DISCUSSION

standards was recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact of the adoption on the consolidated statement of financial

for the development of the Project equals the value of the shares to be issued to the Company. บมจ.0107537002109 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited

considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares to be issued to the Company. Based on

interest rate of 4.18% p.a. In December 2018, BGRIM issued the first green and climate bonds in Thailand with an amount of Baht 5,000 million which solely invested by Asian Development Bank (ADB) with term

DHMC. DHMC operates Dusit Hospitality Management College in the Philippines. Property Development Business: • Mixed-use project, "Dusit Central Park": Continued on-track demolition of hotel buildings and

Filing of the Registration Statement, Registration, and Other Applications when the application and the evidentiary documentation are accurate and complete in accordance with the Licensing Manual for the

the company’s 2019 performance to the shareholders Agenda 3 Approve the audited financial statement for the year ended 31 December 2019. Opinion of the Board of Directors See as appropriate for the

development in the continued growth of the Company. As a result, the Company has total 24 codeshare airline partners. 4. The Company has announced a new collaboration effort with Expedia group, the world’s

, the Company has announced a new codeshare partnership with EL AL Israel Airlines to strengthen the airlines route network and be another important milestones and significant development in the continued