liquidity, capital structure, potential for generating income in the future and the better financial status as the Company does not create an additional liability from loan and can reduce the financial cost
Company’s land To: The President The Stock Exchange of Thailand The Board of directors meeting # 8/2019 held on June 4, 2019 has a resolution to sell a piece of land to increase liquidity and reduce the
. Which the company will sign the share purchase agreement on July 24, 2019. Details of such items appear in Attachment 1: Information Memorandum Concerning the Disposition of Assets Please be informed
Company and/or its shareholders. - Prepare, sign, deliver agreements or commitment in relation to assets disposal to the Trust, e.g., registration of sub-leasehold and other related agreements. - Negotiate
which are: the sale of long-term investments (profits recorded in 2Q19) to reduce the impact from the closure of Dusit Thani Bangkok Hotel, the sale of Dusit Thani Maldives Hotel to Dusit Thani Freehold
19 years can reduce the risk of additional investment in case of relocation of the office. 9) Condition of Entering the Transaction The Company will sign the long-term lease agreement for 19 years
with the provisions of the Public Company Act that require the Company to reduce the share capital by cancellation of registered shares that have not been issued prior to increase new share capital