Company | www.shotelsresorts.com Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years
since 2007 with an average usable lifetime of 2-12 years; most are machinery were produced and imported from Germany, and some from United States of America, Japan, and Thailand. The Company ceased
the negotiation and benefits the Company will receive. 3. Details of connected party and relationship nature : Major shareholder of the Company holding 24.22 percent of total paid-up capital of the
items Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 3 of 8 Overview The Company is a holding
holding health and safety of guests and employees as top priority and ensuring financial feasibility. In order to boost reservation value and revenue generated from the reopened hotels, SHR was pleased to
Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company
selected by International Business Magazine, which is finance and investment magazine in United Arab Emirates, as the Best Investor Relations Company Thailand 2018. The award reflects that the company has
Residence Marina, United Arab Emirates. In June 2019, the Company sold long term investment in Saladaeng Property Management Company Limited which the Company recognized the gain from sales on investment of
share. 6. The Company, BTS Group Holding Public Company Limited and Sino-Thai Engineering & Construction Public Company Limited jointly submitted the proposal under the name of “BBS Joint Venture” for the