Dusit Thani Hotel Hua Hin, a decrease in revenue from Dusit Princess Srinakarin Hotel affected from the Mass Rapid Transportation construction and more market competition. However, the Company had revenue

tourists, which has increased up to 45 percent or 10 million in the past 5 years and is still growing. The Company aims the rapid growth so that it is interested to invest in the tourist business which is

of Tourism in 2016, there are approximately 32 million foreign tourists, which has increased up to 45 percent or 10 million in the past 5 years and is still growing. The Company aims the rapid growth

Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the duties to design, supply, install, test the M&E Equipment, and

granted the concession for the MRT Blue Line Project by the Mass Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the

37.0% in 3Q19 and 31.6% in 9M19 compared yoy from the closure of Dusit Thani Bangkok, the partial renovation at Dusit Thani Hua Hin, and Dusit Princess Srinakarin affected from the Mass Rapid

Rapid Transportation construction. However, the increase was from Dusit Thani Laguna Phuket after the completed renovation and Dusit Suites Ratchadamri Bangkok opened in 2Q19. - Overseas hotels revenue

US$1.04 trillion5 and 267 million population with young working age population, growing middle and upper income class, rapid digital penetration, high credit growth6 and large unbanked population7

have risen abruptly, especially the rapid evolution of digital technology, intensified effects of climate change, and regulatory changes in the financial business. To cope with these issues, most

sector remained challenged by new modes of competition in a broader marketplace amid the advancing digital age and its rapid pace of technological advancement. Businesses have also had to cope with Thai