purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the contract, therefore the Company filed a lawsuit on July 15, 2016 at the

Muse Group Bangkok Co., Ltd. is in debt to the Company according to the purchase agreement to run the project “Golf European Thailand Classic”. However, the debtor defaulted the refund as stated in the

recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals in almost every nationality especially

tourist and uncertainty in political situation . • Mobile business pressured by weak consumption: We are expecting mobile revenue to be under pressure from weak private consumption and hence continued low

% mainly from the closure of Dusit Thani Bangkok Hotel and adverse impact on tourist in Phuket impacting revenue from Dusit Thani Laguna Phuket. - Revenue from overseas owned hotels continuing to grow by 6.4

. This will be the new tourist spot in Bangkok that will enhance the hotel portfolio. 4 June 2019: Acquisition of arcona Hotel Portfolio in Germany and Switzerland. U City acquired a hotel portfolio

on Charoen Krung road. This will be the new tourist spot in Bangkok that will enhance the growth of the company’s hotel portfolio. 9 October 2019 U City together with the Fine Arts Department started

food which famous and being accepted from people around the world. The Company has an expansion plan to open hotel under brand “Hotel Kitch” in major tourist cities in Thailand soon. For the development

was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai

restrictions and faced 100% drop in foreign tourist numbers. Likewise, the export sector has been affected by declining demand from trading-partner countries. In addition, the purchasing power of consumers is