596.8 Million (excluding VAT). Having considered the matter, the Company was of the view that the price proposed by CH. Karnchang was reasonable and lower than that as inspected and appraised by the
investment for FY2018 was THB 15 million, a lower loss of THB 2 million from FY2017. This was due to operational performance of Dusit Fudu Hotel Management (Shanghai) Company Limited in China which mainly from
Analysis For 4Q19 and FY2019 P a g e | 2 Despite the lower hotel revenue from the closure of Dusit Thani Hotel Bangkok at the beginning of the year with carrying hotel staff cost, the Company reported the
transaction size of 30.24% of net profit of the Company’ s consolidated financial statements as of 30 September 2017. The transaction size is higher than 15% threshold criteria but lower than 50% threshold
the value of approximately Baht 596.8 Million (excluding VAT). Having considered the matter, the Company was of the view that the price proposed by CH. Karnchang was reasonable and lower than that as