Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development business to industrial estate projects. And
“Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase the Company’s
Resort Phuket had to be closed for 3 weeks in November as it was affected and damaged by the floods there. Additionally hotels in both Bangkok and the Maldives have recovered. And despite achieved sales
of Chinese tourists in the past nine months of 2017, the number grew only by 1.1 percent when compared to the same period in the previous year; the amount in the third quarter was highly recovered from
recovered and improving, then the Company will reconsider the adjourned projects again. In other words, the Company will not have major capex within this year, but will focus resources on what we have already
restrictions leads to traffic improvement more than 60-70% of normal level as of June 30, 2020. Only malls exposed to foreign tourists have only recovered slightly as much of the tourist traffic remained absent
, when COVID-19 pandemic situation got controlled and recovered, the Company has started to operate some of domestic routes as in details below; Date Started to Operate Route Frequency per Week 15 May 2020
/DB) was as well widened, affecting crude cost to adjust upwards. From the rise in average crude oil price during this quarter there was an inventory gain of THB 450 million, and a gain from oil hedging
marketing margin declined from the rise in crude oil price in Q1/2019, which caused the finished oil products cost to increase, while the retail price was slower to adjust. Moreover, with the price fix for