limited, or a public company limited incorporated under Thai law; (2) a foreign commercial bank whose branch the SEC Office has approved to operate commercial bank business in Thailand in accordance with

characteristics: (1) being assets or pledge taken into legal force and considered the condition of each category of collateral. The collateral shall have an ability to surpass the maturity date and being monitored

entities established under foreign law: (1) a foreign government agency or organization; 2 (2) an international organization; (3) a foreign juristic person. “debt securities” means newly issued debt

surpass the maturity date and being monitored by the bondholders’ representative; (2) in the case where the collateral is immovable property or 19 a long-term lease agreement, a valuation of such collateral

all countries where the Company owns or operates its businesses. Significant Developments Impact from COVID-19 pandemic The Company announced the temporary suspension on hotel operations from April 1

on hotel operations from April 1, 2020 is reacting to the unfolding COVID-19 outbreak around the globe, following the lockdown measures implemented by many countries where the Company owns or operates