from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the
for the offer to be preceded. 2. If the proceeds are being used directly or indirectly by the issuer to acquire assets, other than in the ordinary course of business, describe these assets and their
regarding investments in securities or other assets or to acquire, by other means, returns that will become assets of the mutual fund; “Mutual fund” means any mutual fund which accepts or does not accept
management company who is authorized by the management company to make decisions regarding investments in securities or other assets or to acquire, by other means, returns that will become assets of the mutual
acquire hotel portfolio in Germany and Switzerland: Vienna House Germany II GmbH (VHG II) which is the Company’s subsidiary in Germany, entered into a share sales and purchase agreement to acquire ordinary
accounted for 76.92 percent of paid-up capital. The transaction is considered as an acquisition of assets. The transaction size which is calculated by 4 criteria and use the maximum value basis which is the
continued to be a key engine of growth through accelerated expansion of network coverage and efforts to acquire new subscribers by delivering excellent service quality and bundling with other services