quarter of 2019, the Company revered provision for doubtful accounts amounting to Baht 4.71 million or equivalent to 100% because EIC Semiconductor Co., Ltd. and S. Thana Media Co., Ltd. received payment
by Baht 59 million over the prior year as a result of the decrease in occupancy and room rates of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which
amounting to Baht 6.17 million or equivalent to 31.58% because the Company received the payment of advance for share subscription amounting to Baht 0.40 million. EIC Semiconductor Co., Ltd. and S. Thana Media
for share subscription amounting to Baht 0.40 million. EIC Semiconductor Co., Ltd. and S. Thana Media Co., Ltd. received payment from customers which had already set up allowance for doubtful accounts
over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which comprise of property sales and the sale
/InvestigationandEnforcementMeasure-EN.pdf Ethan Frome hotel, golf and retail operations decreased by Baht 112 million over the prior year as a result of the reduction in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok
(1) Shine Bunnag, (2) Pataman Buranasin, (3) Supichaya Chaimueanvong, (4) Meesak Makbumroong, (5) Apinunthakan Pongsathabordee, (6) Tepparit Sihisarapisit, (7) Tree Bunpradphai, (8) Phawit Natapintu
Tree Holding Company Limited (“Double Tree Holding” or “Purchaser”) purchase Land and Buildings. The Company has considered that the Company does not optimize the use of Land and Buildings. Also, the
holiday club memberships increased by Baht 863 million. The revenue recognition of the property sales projects, as a result of Banyan Tree Villas and Cassia Residence Phuket, was higher when compared to the
million and the loss sharing from Wisdom Tree Investment (S) PTE. Limited (Wisdom Tree”) which was Baht 2.57 million. The Company gained the profit sharing from investment in associated and joint ventures