considered to be in breached of the joint venture agreement and the Company has therefore exercised its right under the agreement to notify the termination of Saraburi’s responsibilities in the NWR-SBCC Joint

overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19

the new Khiang brand which was launched at the end of 2018. Furthermore, 2 new brands were opened at the end of 2019 to further enhance the variety of restaurants in the Group, these being Foo Flavor

private fund; “Provident fund” means any provident fund under the laws on provident funds; “Open-end fund” means any mutual fund which accepts the redemption of its investment units; “Management company

private fund; “Provident fund” means any provident fund under the laws on provident funds; (Translation) 2 “Open-end fund” means any mutual fund which accepts the redemption of its investment units

provident fund under the laws on provident funds; (Translation) 2 “Open-end fund” means any mutual fund which accepts the redemption of its investment units; “Management company” means any mutual fund

February 2019 (iii) additional 68 keys from 3 hotels that were completely renovated in 2019. This addition of the hotel keys was offset by the termination of management contract of Vienna House Drovak

Cash equivalents at end of year 135 1  In 2016, the Company had the cash flow from operating activities in an amount of 41 million Baht, decreased by 28 million Baht from the previous year, due to the

electricity in Bang Pakong Power Plant, Chachoengsao Province. Until the end of 4th quarter of 2019 (November), palm fruit and CPO prices began to increase due to most of the arable land faces drought

(“the Company”) allowed the Company’s foreign buyers to postpone processing their ownership transfer period to be within the end of this year with an inspection process done by the buyers, buyer’s