follows: 1. Asset Acquisition Transaction of the Company and its subsidiaries 1.1 Origin One Sukhumvit 24 (“One Sukhumvit 24”), a subsidiary of the Company in which the Company holds 99.97 percent of its
one-third (1/3) of the quorum shall physically attend the meeting at the same venue and all of the attended directors shall have their presence in the Kingdom of Thailand at the time during which the
management agreements, which consists of two hotels in Thailand, two hotels in the Republic of Fiji Islands, one hotel in the Republic of Maldives and one hotel in Mauritius "Outrigger Hotels"; (3) Two upper
Crossroads Phase One comprise expenses incurred in preparing for the opening of Project Crossroads Phase One that was not recorded as capital expenditure, expenses relating to employee benefits from
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for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of
with truth in all respect. It is created with prudence and caution concerning to the benefits of shareholder at most. This Information Memorandum is created on the purpose of information distribution
risk (Stage 3) was 5.6% decreased from 5.8% at the end of previous year, mainly from caution on new loan under the third wave of COVID-19 situation and some of the customers able to repay and accelerated
year. For default receivables in credit risk (NPL Stage 3) was 5.2% decreasing from 5.8% at the end of previous year, mainly from caution on new loan under the third wave of COVID-19 situation and
profit from associates and joint ventures increased by 162.3%, according to the number of days in operation of GHECO-One compared to the previous year that had a planned maintenance. Moreover, there have