increase in operating hotels, including 17 arcona and Steigenberger hotels in Germany and Switzerland, VHE Leipzig, VH Mokotow Warsaw and Eastin Thana City Golf Resort. Please note that, the Company has

2018 to maintain the growth rate, having factors including the recovery of construction material market after the improvement of purchasing power of the provincial customers and also the construction

the sale of Takuni Land’s shares including approved Takuni Land to purchase the land from a director of the company to be as an access road for the Project (which included in the development cost) as

Malaysia market by acquiring 25.0% in PBSB, whose business is providing a diversified OOH media network including Transit, Office, Outdoor, Aviation and In-store media.  In March 2018, VGM also invested

cars, Including engineering services. Mr. Sarawut Cherdchai, authorized director and a major shareholder of Cherdchaiwon is the spouse of Ms. Sophida Kewkacha Cherdchai, director of Carnival Magic and

and the Company’s sustainable growth in the long term. 2) The investment project has a potential growth as the demand on MDF Board in the market has increased continually, including the growth in the

MDF Board in the market has increased continually, including the growth in the related businesses such as residential construction industry and furniture industry tend to use the MDF Board in the

subjected to the availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow, investment plan including any other future obligations of the

expenses related to sales in according to business plan. Sponsorship fees for international football clubs including Chelsea Football Club Limited (CFC), English Football League (EFL) and Reading Football

of which include both fixed and variable expenses related to sales in according to business plan. Sponsorship fees for international football clubs including Chelsea Football Club Limited (CFC