be completed in the beginning of 4Q19 in preparation for high season. Hotel revenue is expected to temporarily decline during this renovation period then increase again from higher ADR and occupancy
existing shareholder (the “Share Acquisition Transaction”). Share Acquisition Transaction is expected to be completed by October 31, 2017. Details of the Share Acquisition Transaction are as follows: 1
September 2019 and has completed the full payment and To acknowledge the acquisition of all shares in ( “Nam San 3B” ), a limited company registered in the Lao PDR, to invest in a hydro power plant project in
through private PPA with a framework to develop approximately 30 MW solar rooftop for Al Madina Group and to Cambodia by securing new solar project with 39 MW installed capacity, scheduled in Q4’2020
the strengthen in Thai Baht. Major Development in 2Q19 On April 1st, 2019, the Company opened Dusit Central Park Project to develop mix-used real estate project which it will be completed in 2024. In
the registered capital. Share Acquisition Transaction is expected to be completed by October 31, 2017. Based on calculation of the transaction size, the transactions have a maximum size in aggregate of
expected to be completed by October 31, 2017. Further, the Share Acquisition Transaction in such shareholding percentage is agreed on the investment offer of Hero Experience under which the equity required
Hero Experience holding shares equivalent to 37.5 percent of the registered capital. Share Acquisition Transaction is expected to be completed within December 2017. Further, the Share Acquisition
completed and the construction of various buildings has progressed by more than 84.63% of the total construction. At present, the project is in the process of the development of utility system including the