instruments and cannot be compared with the financial statements of 2020. However, the cumulative effect of initially applying these standards is recognized as an adjustment to retained earnings as at January 1
. Stuttgart and Vienna Townhouse Bach Leipzig (total 183 keys) located in Germany. VHG II paid the share purchase price in the amount of EUR 4,213,788 to arcona Management GmbH. Acquired a company and signed
of the machinery’s efficiency of the new biomass power plants which the Group acquired in the third quarter of 2020. This was led to the higher electricity unit sold. Furthermore, one of the new power
Front End Fee Amortization of Baht 240 million as a result of the adjustment of short-term loan repayment plan of Baht 74,000 million in October 2019. Executive Summary Q3/2019 Operating Highlights Baht
”) generated total revenue of 1,815 million baht, increased by 70% YoY and increased by 90% QoQ, mainly due to revenue contribution from the new acquisition of six Outrigger- branded hotels that we acquired in
. 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
, acquired common shares of 3 biomass power plants in the proportion of 100 percent with the consideration paid of Baht 464.6 million. From comparison of identifiable assets acquired and liabilities assumed
THB. 10.7 million in 2Q’18 and increase in financing cost. Moreover, in year 2017, non-controlling interest profit was high base from adjustment of THB 7.7 million of social security income and
. In 2019, the Company acquired non performing debt, both secure and unsecure loan, amount 28,933 million Baht (contractual value) with investment of 3,368 million Baht which divided to be almost the
Method Calculation Formula Transaction Size (%) 1.the value of net tangible assets (NTA) NTA of investment in the Company x The acquired proportion x 100 NTA of the Company (0.51x1.95x100)/2,971.37 = 0.033