and will open up the possibility of integration into its existing businesses. The combination of a strong local company with recognized products and deep insights into the market with IVL’s global scale
food technology development, and to link culinary operations with its education business. On 3 April 2018, the company launched ASAI Hotels, a distinctive new brand designed to link curious, millennial
changing demand. This includes plans to increasing cooperation to enroll personnel for the hotel business of Dusit International group. Le Cordon Bleu Dusit Culinary School (“LCBD”), which is a joint
significantly affected by low advertising demand due to the prolonged impact of the COVID- 19 pandemic, which has plunged the global economy into a deep recession. Operating revenue decreased by 32.2% YoY to THB
services, which offers the following 1) Short-term programs 2) Customizable corporate programs such as programs for cabin crews, hospitality services, etc. 3) Consultancy services for SMEs and culinary
by closing Dusit Thani Hotel School (DTHS) in 4Q17 to utilize DTHS’s building and facilities as a research center for the development of culinary and hospitality programs under Dusit Thani Excellence
outbreak. In 1Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, resulting a deep economic deceleration throughout the year. Thai
measurement in several countries resulting a significant decrease across economic activities which expected a deep economic deceleration throughout the year. During the last period shrinking economy impacted
representative or 360-degree technology. Until now, offering a deep discount to potential customers was not expected because of the Company’s financial strength with Net Interest-Bearing-Debt to Equity at 0.97