of all shares in the Company and also being a shareholder in TBSP holding 17.80 percent of all shares in TBSP. General Characteristic of the Transaction and Size of the Transaction The transaction is
Characteristic of the Transaction and Size of the Transaction The transaction is the transaction relating to assets and services (Type 4) which is an acquisition of ordinary shares in TBSP (a subsidiary of the
significantly by 222.5% YoY to THB 1,481mn, predominantly due to the consolidation of the acquired hotel business in Europe (Vienna House), the improving operating performance of our hotels in Thailand and the
subsidiaries engaged in businesses such as hotels and property management. We present the result of operations for such subsidiaries as discontinued operations for the years prior to the year in which these
business Real Estate Business. 4) General Characteristic of the transaction J.S.P. Property Public Company Limited increase the capital in the J.S.P. Asplus Co., Ltd. as follows (Before increase capital
comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for
. Assets acquired from this transaction are 80% stake of Phuket Future Development Company Limited. 5. Expected Benefit 1. Supporting the company’s policy to diversify in to Property Business 2. To enable
significantly by 139.5% YoY to THB 1,791mn, predominantly due to the full quarter consolidation of the acquired hotel business in Europe (Vienna House), the consolidation of assets from the Entire Business
standard established that after any business acquisition, the fair value of the company being acquired must be measured by using comparable present market value, GPSC has completed the process. When compared
://publish.sec.or.th/nrs/3976p.doc Translation property funds; (3) “Property Fund Manager” means a person who makes decisions to invest or dispose of real estate or leasehold right of property funds; (4) “Fund Manager