performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
persons and companies which were used for working capital of the business. Income tax expenses increased from the growth of domestic sales that some products to sell are imported from overseas which could
capital) has entered into the Agreement to sell and purchase shares in 12 companies in Germany and Switzerland (“Shares Sale and Purchase Agreement”) with arcona Management GmbH (the “Seller”), total
consideration criteria). The transaction is deemed as acquisition of asset and the transaction size is not more than 15%, therefore is not subject to comply with the Acquisition and Disposition of Assets as
connected person and sell in investment of the subsidiary Attention The President The Stock Exchange of Thailand Enclosure Information on asset disposition of CAZ (Thailand) Co., Ltd As the Board of Directors
tangible assets under the consolidated financial statements ended December 31, 2017, which is considered a transaction which has its size of more than three percent of the Company’s net tangible assets
6.66 percent of the Company’s net tangible assets under the consolidated financial statements ended December 31, 2017, which is considered a transaction which has its size of more than three percent of
the Company’s net tangible assets under the consolidated financial statements ended December 31, 2017, which is considered a transaction which has its size of more than three percent of the Company’s
-0.098 -9948.0% Dusit Thani PLC Management Discussion and Analysis For 1Q20 P a g e | 2 On 5 March 2020, Dusit Thani Philippines, Inc; the Company’s subsidiary, entered into the agreement to sell
the final offering price of THB 6.00 per share or a total of THB 2,040mn. Transit in Thailand The Company continued to successfully sell and implement offline-to-online (“O2O”) solutions through