House Easy Leipzig (VHE Leipzig) hotel under Vienna House was fully launched MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 14 AUG 2018 U CITY PCL 2Q 2018 MD&A (for the quarter ended 30 June 2018) 2 U CITY PCL
houses under Elite Havens brand, at which portfolio of luxurious villas resided in Indonesia, Maldives, Sri Lanka, Thailand and Japan. One of overseas associate, Dusit Hospitality Education Philippines Inc
the total highest transaction value of 40.27 percent based on the value of consideration basis, being considered as Type 2 transaction under the Notification on Acquisition or Disposal of Assets
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
by 1,956 keys from 1Q 2019. The increase was attributed to (i) 1,792 keys from 17 hotels under operating lease from the acquisition of arcona Hotel portfolio in May 2019 and (ii) 96 keys from Vienna
business under the operation of Jaymart Mobile Company Limited ("Jay Mart Mobile"). In the past Q2/2020, the company closed branches following the closure of department stores with the lock down policy of
Quarter of 2020, as follows: The Group’s Operation under the Epidemic Situation of Coronavirus 2019 Due to the global epidemic situation of Coronavirus 2019 (‘COVID-19’) and the countermeasures taken by the
Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in
Asia Industry Co., Ltd. (“Subsidiary Company”) Therefore, the entering of this transaction being considered as Type 2 transaction under the Notification on Acquisition or Disposal of Assets. Therefore