development). The acquisition was made by Vienna House Germany II GmbH, which is a subsidiary in which the Company indirectly holds 100 percent of shares. arcona Living Mannheim arcona Living Greifswald BLENDED

that the meeting has a unanimous resolution approving Planet Board Company Limited (“Planet”), which is a subsidiary of the Company, of which the Company holds 5,700,000 ordinary shares of Planet or

subsidiary of the Company and holds the license and operating the Nation University business, in other words, selling 30,599,999 ordinary shares of NU, equivalent to 90 of the total shares of NU to Chirasak

percent of the total issued shares of the Company) Remarks: 1. ACeS Regional Services Co., Ltd. (“ARS”) is a subsidiary of JAS, whereby JAS indirectly holds shares in ARS as follows: 98.04 percent of ARS

venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS

operated under the Mercure and Holiday Inn brands in the United Kingdom, of which the Company holds 50% in an equal joint venture " UK Portfolio Hotels". Results for the UK Portfolio, operating under a joint

a company called “Genco Otani Company Limited” (GO) in accordance with the terms of the joint venture agreement. The company invests in the pre-treatment for wastewater factory. The Company holds

Hotels "; and (4) Twenty-nine upper midscale hotels operated under the Mercure and Holiday Inn brands in the United Kingdom, of which the Company holds 50% in an equal joint venture " UK Portfolio Hotels

The investor purchases 1,000 Baht of the structured notes with the underlying shares of a company ABC and 10% per annum interest rate. The investor who holds the structured notes until the maturity date

year, calculated from the average of the total net asset value under management on the last business day of each month; (b) in the case where a mutual fund management licensee invests in or holds