The Board of Director of the Company (excluding the directors who had a conflict of interest on the Transaction as mentioned below) has considered and viewed the Transaction is reasonable and is

capital 9. Opinion of the Company’s Board of Directors The Board of Director of the Company (excluding the directors who had a conflict of interest on the Transaction as mentioned below) has considered and

measure of the Government Housing Bank to fix the interest rate for 1-5 years, starting on 22nd October 2019 until 24th December 2020. As a result of such measures, the sale and ownership transfer target of

following regulations: Clause 1 In this Notification: “REIT” means a real estate investment trust. “real estate” means an immovable property including leasehold interest of immovable property. “property fund

Finance costs comprise of interest expense from loans for the new investment projects, amortisation of prepaid transaction cost of borrowings and interest expense from lease liabilities. Finance costs for

65% 738 532 39% Core Net Profit after Tax and NCI ($m) 175 117 95 85% 540 334 62% Core Net Profit after Tax and NCI (THBm) 5,529 3,867 3,322 66% 17,783 11,759 51% Core EPS after PERP Interest (THB)5

include the interest paid to financial institutions and related persons. The Company’s financial costs in 2018 were THB 78.74 million, rose by THB 4.38 million or 5.89% up from 2017 mainly from higher

total revenue of THB 1,621 million, a decrease of 9.5% from 4Q17, contributed by decrease in revenues from the absence of Dusit Princess Korat Hotel and Other income. Earnings before Interest, Taxes

aim to strengthen the financial status, reduce the burden of interest payment and improve financial ratios. The total debt amount that will be restructured is USD 242.53 million which part of the debt

0.03x Capital Structure As of March 31, 2018, CPN reported total interest-bearing debt of THB 9,405 mn, which decrease from the balance as of March 31, 2017 of THB 14,959 mn due to the redemption of loans