strictly for reference. 2 Notification of the Office of Securities and Exchange Commission No. SorThor. 7/2557 Re: Rules on Appointing Independent Director of an Intermediary _____________________________ By

Notification of the Capital Market Supervisory Board Notification of the Office of Securities and Exchange Commission No. SorThor. 7/2557 Re: Rules on Appointing Independent Director of an

Notification of the Office of Securities and Exchange Commission No. SorThor. 7/2557 Re: Rules on Appointing Independent Director of an Intermediary _____________________________ By virtue of Clause

Company Limited and its subsidiaries (“the Company”) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To pursue its business strategy

.  Restriction on utilization of real estate has been removed by adding right-based asset as a new asset class which involves the right to use properties that can be transferred and placed as a guarantee for debt

SHR MD&A 3Q19_EN Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 1 of 8 Management’s

estate development business, as well as hotel and real estate management, the Company group is interested in providing managing services for the Project Crossroads Phase 2 of Boonrawd Group under the

. which is real estate development business and AIR Pte. Ltd. which having income from holding shares in other companies (Holding Company). FKRMM will sell the above 2 subsidiaries before NDR will acquire

of Gross Profit in Q1/2020 Small Power Producer (SPP) Baht 3,834 million (71%) Independent Power Producer (IPP) Baht 1,459 million (27%) Very Small Power Producer (VSPP) and others Baht 72 million (2

index, in which CPN is the only real estate company and one of eight Thai companies to achieve the feat, and the DJSI Emerging Markets for the fifth consecutive year (2014-2018). This is a testimony to