) already in operation together with 17 hotels (4,322 rooms) under development. As such, of those 37 hotels already in operation, 15 hotels (3,812 rooms) are owned and operated by the Company and 22 hotels

in tourism and export. The partial lockdown mandated in the last week of March resulted in a more pronounced slowdown in economic and business activities. Telecommunication sector was affected from

-cycle of electronic products. In the tourism sector, the number of tourist arrivals for the first five months of 2019 increased 1.6% yoy while the number of Chinese tourists which contribute about 29% of

the tourism sector, the number of tourist arrivals for the first half of 2019 increased 1.5% yoy while the number of Chinese tourists which contribute about 29% of total tourist arrivals still exhibited

the COVID-19 outbreak. In the tourism sector, the number of tourist arrivals for 1Q20 contracted by 38.0% yoy across almost all nationalities with high contractions in the number of Chinese tourists

of exports declined by 5.4% mainly from the slow economic growth of trading partners including the shutdown measures imposed by several countries with the COVID-19 outbreak. In the tourism sector, the

in tourism and export. The partial lockdown mandated in the last week of March resulted in a more pronounced slowdown in economic and business activities. Telecommunication sector was affected from

sector for the private (Translation) 3 sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The deposition of such shares

projects to be launched by the government sector for the private sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The

by the government sector for the private (Translation) 3 sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The