. The performance in Q1/2019 reflects a strong debt collection performance and a potential of non- performing debt portfolio under the Company management. As aforementioned, the Company owns a large size

series debenture, which will be redeemed in 2020. Therefore, for appropriateness and fairness to Jungle World, which owns the land. The Board Meeting of Phuket FantaSea approved the payment of Jungle

. At present, Phuket Fantasea has issued 3 series debenture, which will be redeemed in 2020. Therefore, for appropriateness and fairness to Jungle World, which owns the land. The Board Meeting of Phuket

18.1%. This increase was mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service cost of

mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service fee of outsourced warehouse and

all countries where the Company owns or operates its businesses. Significant Developments Impact from COVID-19 pandemic The Company announced the temporary suspension on hotel operations from April 1

%. This increase was mainly due to staff cost of brand support increase in order to support the expansion of branch for both the restaurants which the company owns itself as well as franchise restaurants

subsidiaries. 1. SUT Global Co., Ltd. In July, 2018, the Company had purchased and accepted a transfer of SUTG Holding Co.,Ltd’s entire business, which owns 132,000 shares in SUT Global Co.,Ltd as at the

company owns itself as well as franchise restaurants and (2) higher rental expense due to the head office moving to a new location where all subsidiary companies are located together for more efficient

the total of 90% of NU shares) NU owns the university license and operates Nation University. Relationshi p (1) ordinary buyer who does not have any relationship with NMG or (2) buyer who is considered