from pre-acquisition level of 35% to 56% by end of 2019. IRSL refinanced its outstanding debt with banks in India and managed to reduce cost of financing for funded long term facility by 8% p.a. and for

534.6% Share of profit (loss) from investment in an associate and joint ventures (50.2) (2.9%) (158.8) (13.8%) (108.6) (216.3%) Finance costs (Interest expenses) 205.5 11.7% 196.8 17.1% (8.8) (4.3

accordance with the investment in high-end lifestyle resort on Island 3 of Crossroads project, S Hotels and Resorts (SC) Co., Ltd. ("SHR SC"), a wholly owned subsidiary of the Company, enterred into a share

Baht 971 million and earnings per share of Baht 0.49 a decrease of 10% when compared to the previous year. The Company would like to clarify the reasons for the change in profits for 2019 compared to the

company’s market share increased from 4.02% to 4.34%. 2. The Consolidated and the separated statements recorded Baht 25.76 million as fee and service income, which decreased by Baht 3.38 million or 11.60

or totaling THB 2,172.0mn to UE, as a partial component of the consideration for EBT of UE as well as issuing and offering up to 31,941mn U-W3 warrants to UE at no cost, (2) a rights offering to

per share. IMPORTANT DISCLAIMER The information contained in this document has been obtained from several sources, and Bangkok Commercial Asset Management Public Company Limited (“BAM”) cannot confirm

registered capital of THB 217,155,228 to THB 180,970,466.50 by canceling the Company’s 144,739,046 authorized but unissued shares, with a par value of THB 0.25 per share. 2. Approved to propose to the

calculated from the profitability potential based on the operating profit (EBITDA) of WICE SG at the end of 2016 - 2018.The transaction size of the share value in part 2 is equal to 5,354,375 Singapore dollars

1,221.6 81.8% Share of Profit from Investments in Associates and JVs 491.3 693.3 202.0 41.1% Total Cost 773.7 1,248.6 474.9 61.4% Gross Profit 603.8 1,314.7 710.9 117.7% Net Profit 334.5 972.4 637.9 190.7