of customers to achieve the revenue targeted resulting that the business is not in accordance with the plan. The Company considered that such effect may result from the lack of strategic planning and

resulting in a write-off of deferred financing fee and a payment of prepayment fee in the amount of Baht 111 million, remuneration program’s expense in the amount of Baht 47 million and a provision of

of Vietnam in October 2017. Nevertheless, Blue Finix was not able to increase the number of customers to achieve the revenue targeted resulting that the business is not in accordance with the plan. The

repay the debt at a specified time and operate business continuously, as well as reduce the risks from managing the capital structure, resulting in working capital available for the demand to use cash

, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as planned. In addition, the

2019. In addition, Hotel business, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...

Land and Houses Securities Public Company Limited Overview of the Stock Exchange of Thailand Since the beginning of the year 2020, the stock market has been under negative circumstances resulting in a

mainly by the drop of revenue from sales and services, resulting from temporary closure of hotels, schools, and food/catering outlets. The impact was lessened from the Company’s continuing efforts from

, while number of visitors from Europe started a significant decline of 51. 2 percent in March, resulting in a total drop of 15 . 0 percent in the first quarter for European market. (Source: Ministry of