this regard, on July 28, 2016, at the extraordinary general meeting of shareholders Has approved the transaction to purchase the said ordinary shares of 70 percent of the total number of shares (Portion
Harnpanich who is in the positions of Chairman of the Board, Chairman of the Management and Managing Director of Mandarin and related persons are the major shareholders of The Mandarin Hotel Public Company
liabilities 95 137 (42) Total shareholders’ equity 894 855 39 Assets The total assets decreased 3 million Baht, comprising current assets increased 7 million Baht and non-current assets decreased 10 million
, shareholders’ equity was Baht - 5.15 million. However, capital increase incurred in October 2017 by offering the existing shareholders and private placement amounting to Baht 129.92 million in order to use for
connected person are the major shareholders of The Mandarin Hotel Public Company Limited in the portion of 55.85% and Ms. Piengchai Harnpanich is in the position of Chairman of the Board of Directors and
72,219 Total shareholders’ equity 1,095,662 1,051,995 43,667 Total assets increased by 115.89 million Bahts, mainly from categorization of Other Long Term Investments into Other Non-Current Financial
(decreased) Total assets 1,281,714 1,163,366 118,348 Total liabilities 173,975 111,371 62,604 Total shareholders’ equity 1,107,739 1,051,995 55,744 Total assets increased by 118.35 million Bahts, mainly from
key points as follows: (1) Allowing business operators to temporarily include the amount of the subordinated debt beyond the shareholders’ equity without being considered as part of the total
of 0.50 baht per share and an offering price of 0.10 baht per share to existing shareholders in proportion to their holdings (RO), with a total value not exceeding 311,381,474.90 baht, and to a private
crisis at IFEC. He has also failed to carry out his duty for the benefit of IFEC and its shareholders. There have been many complaints against Mr. Suphanan, alleging that his behaviors have damaged both