quarter of 2020. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of total revenues was down to 35% in the first quarter of 2020. - Expect
area. The Company is expect to get higher income from this business as well. Thus, you have been informed for your acknowledgment. Sincerely Yours, -Singed - (Mr. Suphot Wanna) Chief Executive Officer
expected to generate THB 6,200 - 6,500mn. We expect Vienna House to benefit from (1) the uplift of renovating 5 hotels, (2) the opening of 2 hotels Vienna House Mokotow Warsaw and Vienna House Easy Kronberg
community will start to increase rental revenues in early of 2020. 4. The Coffee shop under brand “Casa Lapin” increase more sales and expect to break- even as according to the budget. Thus, you have been
: Transaction Date After the approval from the Board of Directors In this regard, the Company and the Seller will expect that the completion of the transaction will take place within March 2019. Related Parties
allotment of newly issued ordinary shares to the existing shareholders of the Company in proportion to their shareholding (Right Offering) which expect to subscribe during 27 – 31 May 2019. After the capital
improve in nearly future due to the Company expect to fully amortized the investment cost in the late of Q2/2019. Therefore, the Company will then realize revenues from the fully amortized portfolio since
and the Sellers expect to execute the shares sale and purchase agreement and complete the purchase of COMASS’s shares within June 2019. The transaction constitutes an acquisition of assets pursuant to
Companies earned profit from water management business to compensate fluctuation of profit from pipe business. The Group companies expect in long term that water management business can continuously secure
internal resources and financing through our routine funding sources. At this stage, the Bank does not expect to raise equity specifically for the purpose of funding this Transaction. 5. Transaction