capital increase from Initial Public Offering would result in the marked decrease in Debt-to-Equity ratio and financial costs going forward. Management’s Discussion and Analysis S Hotels and Resorts Public
resolution of the Extraordinary General Meeting of Shareholders meeting No. 1/2019, on 1 July 2019, to change objectives of raised fund using from increase capital by the offering new ordinary share of the
Extraordinary General Meeting of Shareholders meeting No. 1/2019, on 1 July 2019, to change objectives of raised fund using from increase capital by the offering new ordinary share of the company. Moreover, the
expects to increase its capital by issuing new ordinary shares by an Initial Public Offering (IPO), and offered to the Company’s existing shareholders to mitigate an impact on those shareholders after the
CAZ (Thailand) Company Limited (“CAZ”) , a subsidiary of Takuni Group Public Company Limited, on the Market for Alternative Investment (mai). CAZ also expects to increase its capital by issuing new
at the same rate as the financing cost of the Lender. Therefore, it is reasonable to increase the efficiency of capital management and reduce financial costs; including the risk of non-payment
million deducting THB 516.80 million of fund from the first capital increase in Phuket Fantasea PCL which comprised of acquisition of 12 rai land and staff house with a total value of THB 110 million and