hotels under the (i) arcona brand, (ii) arcona Living brand, and (iii) Steigenberger brand as well as 2 new hotels which will operate in 2020 and 2022. 4 June 2019 VHG II paid the share purchase price in

million. The increase of Baht 81.7 million, mainly derived from sales of biomass power plant which increased by Baht 52.0 million as the result from one of the new biomass power plants which the Group

hired since 2017. Including, construction projects which signed during 2019. As at 31 December 2019, the Group has backlog for construction services total of Baht 2,287.39 Million. Regarding, the new Thai

managed to be lower, resulting from the credit rating. This reflects the financial stability of the Company. Completed projects, new projects launched, sales volume and backlog in Q1/2020 1. Completed

Q2/2020. Main reasons were delay to start work of new projects and award schedule was delayed by pandamic issue such as Engineering work in their headquater have been delayed. Additional, main

a reduction of Baht 2.84 million or 6.40 % decrease. In this current year, there were only 2 ongoing projects expected to be completed within this current year and no new awarded one. Service Income

action process to decrease the proportion shareholding in beauty business to reduce the negative impact to the Company. The Company; therefore, has a plan to acquire land and buildings to do the new

total of Property, plant and equipment, including intangible assets totaling of Baht 496.46 Million, increased of Baht 127.67 Million. Due to invested in the new land and property which followed by the

between the Company and a new incorporated limited company, SUT Holding Company Limited (“SUTGH”). SUTGH shall have three shareholders, which are Mr.Subbhalerk Na Songkla, Mr.Inthidej Polin, and Miss

Transfer Plan between the Company and a new incorporated limited company, SUT Holding Company Limited (“SUTGH”), which shall be incorporated within 30 April 2018. SUTGH shall have three shareholders, which