Microsoft Word - SHR MDA YE19_EN 20200226 vf Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page
% NNP - Owner of the parent 775 874 12.8% NNP per share 0.4 0.5 12.8% No. of shares in calculation* 1,890 1,890 * Remark: Number of shares used in calculation is based on a number of shares before IPO
shareholding proportion and will serve the business expansion in the future. The purchase of shares in Dara Harbour Co., Ltd. for land sublet rights On 14 July 2017, the Company purchased 26 mn shares, or 65% of
according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay the net trade debts of THB 1,136
% of the ordinary shares in Glamford Investments sp. z o.o. The purpose of Glamford acquisition is to invest in leasehold rights to carry on the hotel business overseas. 18 January 2019: Signing of the
shares of Co-Mass Company Limited (“COMASS”) with total investment of THB 160mn, thereby increasing MACO’s stake in COMASS to 100.0%. As a result, MACO fully controls COMASS, allowing us to utilise
exchange, deferred income tax, impairment and lease income 36 41 87 80 155 153 - (17) - 419 (23) (15) 255 661 (406) (61%) * Divested ordinary shares in GIDEC on March 15, 2018. ** Divested ordinary shares in
percent of the shares of RATCH-Australia Corporation Limited, a subsidiary, held by Broadspectrum Pty Limited and as part of the repayment of the outstanding long-term loans from Broadspectrum Pty Limited
fixed assets (%) 63.1% 80.8% Debt to equity (times) 0.3 0.1 Assets turnover (times) 0.4 0.3 Remark: During April – September 2018, the warrant holders exercised 1,121mn shares to purchase newly issued
./Ton) 831 482 Unit: million Baht 30 September 2019 31 December 2018 F in a n ci a l S ta tu s Total Liabilities 2,593 5,607 Total Asset 16,303 18,824 Total Equity 13,710 13,218 The Company posted an