business In 2019, the Company plans to renovate Dusit Thani Pattaya, Dusit Princess Srinakarin and Dusit Princess Chiang Mai hotels during the low season (around end of 2Q19). The renovation is expected to
and the project is expected to commence commercial operation in 2021 as scheduled. Management Discussion and Analysis For the Year Ended December 31, 2019 Page 3 1.4 Commercial Operation Commencement of
investments are to maintain brand awareness, build the new brand, and simultaneously add business value to the group, all of which are expected to gradually generate returns in the future. As for food business
expected to be within January 2018. The capital structure of CVHLUX in terms of equity and shareholders loans is preliminarily set out below. - Translation - Enclosure 1 Value in Thai Baht (THB) as converted
from 51.0% to approximately 84.3% of shares after the transaction is settled which is expected to be within January 2018. The capital structure of CVHLUX in terms of equity and shareholders loans is
trial run, as well as to provide the O&M services for the civil infrastructure (except for the park and ride building) and M&E Systems, which it is expected to open for service as a through operation by
year Budgeted CAPEX Bt20-25bn Dividend policy Minimum 70% of net profit Core service revenue is expected to grow mid-single digit In 2019, AIS strives to continue strengthening core mobile business
million baht 6. Expected Benefits According to the Transaction, the Company shall receive 30 percent of the issued and paid-up shares of UWM from Ms. Malinee Boonruk, whereas UWM is a holding company held