guarantee to perform obligations under the Equity Purchase Agreement pursuant to request of the Seller Group, the Company procured that S Hotels and Resorts (SC) Co. Ltd., a subsidiary of the Company with 100

assets equals to the value of the investments which depends on the negotiation, debt obligations, the Company’s loans used in the construction of MahaNakhon project. The Company uses the metrological

, the Company has considered the offering price from the purchaser together with the book value of the asset (as described in Clause 5), existing loan obligations, investment fund required to complete the

payment in the amount of Baht 5,001 million. Fifthly, the reversal of the gain from the valuation of available-for-sale investments and the loss on remeasurements of post-employee benefit obligations were

provision of retirement benefit obligations according to Labour Protection Law in the amount of Baht 51 million, 3) a remuneration program’s expense in the amount of Baht 45 million, 4) a provision of

accretion cost from a discounting of long-term construction payables based on a requirement of accounting standards, 2) a one- time additional provision of retirement benefit obligations according to Labour

, which is the duration according to lease agreement between Hero Experience and SF Development Co., Ltd. (Mega Bangna), the details of which are under confidentiality obligations of the parties to the

); as such the Company and Subsidiary Companies still has adequate liquidity to repay its overall debt obligations and associated interests costs. (3) Sources of Capital Funds Financial Status (Baht

may provide higher return and lower risk. However, entering into the transaction does not affect the operation and liquidity of the Company because the Company has no loan obligations. While waiting for

and liquidity of the Company because the Company has no loan obligations. While waiting for the investment in branch expansion and development of IT systems and equipment in Q3/2019 as indicated in the