adopted. ● Classification and measurement of investments in equity instruments of non-listed companies The Company measures investments in equity instruments of non-listed companies at fair value and
investment partners: 1) Apollo Asia Sprint Holding Company Limited, and 2) Goldman Sachs Investments Holding (Asia) Limited which own a combined 49 percent stake in The Bangkok Edition Hotel, Rooftop Bar
equipment rental projects coming in at the end of 2023. In 2022, the Company had a profit from the sale of investments of 108. 6 MB because the Company sold all investments in Genesis Data Center Company
investments in WPS (Thailand) Company Limited, having the highest transaction value of 13.99 percent based on the value of consideration basis, calculated from the Company’s reviewed consolidated financial
all investments in Genesis Data Center Co., Ltd. Other incomes decreased by 27.0%. This is because in 2022, the Company has received promotional money to meet the target of purchases from major
the resolutions as follows: 1. To dispose all investments in Nation U Co., Ltd. (“NU”) (a subsidiary of the Company holding the license and operating the Nation University business), i.e., disposing
million in 6M20, decreased by 44.4% YoY. This decrease was from the temporary closure of managed hotels as a result of COVID-19 pandemic. Loss sharing from Investments The Company had loss sharing from
Accounting Standard no.27 ( TAS 27) , Separate Financial Statements The Company changes the accounting for the carrying value of investments in subsidiaries, associates and joint ventures in separate financial