Events On 27 February 2019, The Company’s Board of Directors approved the initial public offering (the "IPO") of ordinary shares of S Hotels and Resorts Co., Ltd. ("SHR"), and the listing of SHR on the SET
approval from the SEC Office for an initial public offering for the purpose of listing such shares in the Stock Exchange or non-voting depository receipts which have such shares as underlying: (1) an article
of listing such shares in the Stock Exchange or non-voting depository receipts which have such shares as underlying: (1) an article or research paper published in a document provided and disseminated
which meets the following conditions and does not relate to shares being granted an approval from the SEC Office for an initial public offering for the purpose of listing such shares in the Stock Exchange
following conditions and does not relate to shares being granted an approval from the Office for initial public offering for the purpose of listing such shares in the Stock Exchange or non-voting depository
approval from the Office for initial public offering for the purpose of listing such shares in the Stock Exchange or non-voting depository receipts which have such shares as underlying: (1) an article or
backdoor listing with SET value of assets acquisition of 125.711 percent according to the value of consideration basis and having the highest transaction value of assets disposal of 124.59 percent according
4.67 Average collection period days 75 77 77 Inventory turnover times 4.78 4.90 5.13 Average inventory turnover period days 75 74 70 Account payable turnover times 5.42 5.21 5.00 Average payment period
payable and other payables increased. Return on Equity (ROE) The 103.65 million Baht net profit is 11.08% of shareholders’ equity that is higher than that of the year 2017 having 4.85% 3 Asset management
times 4.81 4.82 4.70 Average collection period days 75 75 77 Inventory turnover times 4.42 4.78 4.90 Average inventory turnover odperi days 81 75 74 Account payable turnover times 5.66 5.69 5.49 Average