shareholder of SRD, direct holding 27% and indirect holding 13% shares. Transaction type LHMH is employed to be an advisor to manage sales and marketing of SRD’s properties, which are Fashion Island, The

major shareholder of SRD, direct holding 27% and indirect holding 13% shares. Transaction type LHMH will enter into an agreement to be an advisor for remerchandising and sales management at Fashion Island

separate note, the SEC has received a tip that a foreign company incorporated on the British Virgin Island solicits foreign investors in Thailand to invest in the High Performance Development Limited (HDPL

) Outrigger Fiji Beach Resort, Fiji, ( 2) Castaway Island, Fiji, ( 3) Outrigger Laguna Phuket Beach Resort, Thailand, ( 4) Outrigger Koh Samui Beach Resort, Thailand, ( 5) Outrigger Mauritius Beach Resort

Joint Venture Agreement in accordance with the investment in high-end lifestyle resort on Island 3 of Project CROSSROADS (the “Project”) with our strategic partner – Wai Eco World Developer – a

properties located in 4 countries, namely: ( 1) Outrigger Fiji Beach Resort, Fiji, (2) Castaway Island, Fiji, (3) Outrigger Laguna Phuket Beach Resort, Thailand, (4) Outrigger Koh Samui Beach Resort, Thailand

77 90 96 Occupancy rate (%) 76% 59% 64% Rev Par (Baht) 9,195 6,327 8,329 Page 4 of 7 Management Decision and Analysis Q3’18 Hotels Q3’17 Q2’18 Q3’18 Phi Phi Island Village No. of room 201 201 201

quarter 2019 2) Parties involved Seller Eason Paint Public Company Limited Buyer Pristine World Invest Limited (British Virgin Island) Relationship Not connected person 3) The general characteristics The

Fiji Beach and Castaway Island Fiji have resumed its operation on July 1 and 31, 2020, respectively. − Mauritius Expected to resume on September 1, 2020 Management’s Discussion and Analysis S Hotels and

2019. (2) Two self-manage hotels in Thailand, operate under independent branding, namely, Phi Phi Island Village Beach Resort located on Beachfront of Phi Phi Don Island in Krabi and Santiburi Hotel