number of new ordinary shares may vary among those individuals, which depends on their position, work experience, years of service, work performance and potential, including their contribution to BBGI and

is expected to continue its robust growth underpinned by increasing 4G usage on video content and social media as well as overall improving economic environment. After two years of 4G launch, network

Company had appropriate capital structure. GFPT Group Expansion Plan For the next 3 - 5 years, the Company has planned for its future organic growth by emphasizing on the upstream expansion of chicken farm

performance is expected to rise from Q3/2018 onwards, as the Company will be able to get more benefits from those investment projects. In the past 3 years, the Company has been building its foundation and

in moderate level. Water supply in the reservoirs was approximately lower than the average water quantity of the past 10 years as decreasing rainfall in that area. The weather forecast of the

refining services to revenue for RBD Palm oil for biodiesel was 67.62% in 2019 which decreased from 2018 was 73.54%, and in the past years, the company continued to have profit margin of this segment. ▪ The

record for revenue and net profit during the past several years. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2019 Year 2018 Increase

Company | www.shotelsresorts.com Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years

million due to the new labor law effective in the second quarter of 2019. As a result, it stipulated compensation for employees who have worked continuously for 20 years with their rights to receive

reservoirs was approximately lower than the average water quantity of the past 10 years as the drought impact during the last year. The weather forecast of the Department of Meteorology was expected that the