in Thailand 18 December 2018: Establishment of a new subsidiary as part of hospitality business restructuring. The Company established a new, wholly- owned subsidiary, U Global Hospitality Company
Development in 4Q18 In December 2018, the Board of Directors of the Company approved the establishment of a new subsidiary, Dusit Hospitality Services Co., Ltd. to accommodate the projects on hospitality
: information in the table above is provided by the Seller Group 4.2 Overview of operating companies 4.2.1 Hillview Limited Overview Company Name Hillview Limited Type of business Hospitality business
ยอยา่งมนัียยะส าคญั หลกัๆในประเทศกระทบ ชอ่งทางขาย General Trade และ Food Service สว่นการสง่ออกถูกกระทบจากธุรกจิทีห่ยุดด าเนินการ lock down และการกกักนั (quarantine) ทีม่าจากการป้องกนัการแพร่เชือ้ของแต
institutions. For the 3th quarter of 2017, according to the financial statement, in which the equity method is applied, the Company realized a profit incurred from its investment in Central Hospitality Co., Ltd
the manufacturing process, expecting to help increase in net profit margin in the next quarter. On October 10, 2561, the Company purchased additional shares of Central Hospitality Co., Ltd. (CHL
Central Hospitality Co., Ltd. (CHL) of 0.52 Million Baht, under its 75% shareholding proportion, compared to a loss from its investment of l.Tl million Baht in the 2nd quarter of 2017. As such, its Net
incuned from its investrnent in Central Hospitality Co., Ltd. (CHL) of 1"06 Million Baht cornpared to a profit from its investment of 0.09 million Baht in the 3d quarter of 2012 under 75% shareholding
by 28.2%, majorly due to the Covid-19 pandemic situation causing lockdown in many countries that has majorly disrupted of tourism and hospitality industries. As a result, export sales decreased by 30.7
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main