administrative expense to support business expansion. Without the non-recurring profit related to sale of Dusit Princess Korat, core EBITDA was THB 806 million, a 12.3% decrease from 2016. The Company reported net
used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction
to the Project Crossroads Phase 2. Since the Company group plans to proceed on a marketing for the Project Crossroads Phase 1 to promote to enhance public's awareness and to prepare for business
the debenture creditors and enable to continuously business operation. Thus, the Company has the outstanding debts with the debenture creditor amount of 1,230 million baht. 8.2 As the business has low
of the Office of the Securities and Exchange Commission No. OrKhor./Nor. 5/2549 Re: Guidelines Relating to Operating Systems of Fund Management Business In order for a management company to comply
of the Securities and Exchange Commission No. OrKhor./Nor. 5/2549 Re: Guidelines Relating to Operating Systems of Fund Management Business In order for a management company to comply effectively with
Office]: (1) a mutual fund management company [according to the Securities and Exchange Act B.E. 2535 (1992)] having been operating such business; or (2) a company incorporated under Thai law besides the
first paragraph is a commercial bank under the law on financial institution business, a life insurance company under the law on life insurance, or a financial institution established under a specific law