Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

though the number of Chinese tourists had declined since the Phuket boat accident. In term of economic stability, Inflation moderate grew which corresponded to the growth of wage, oil price and price of

million already paid as of September 2019 and THB 600.00 million proceeds from Rights Offering (“RO”) of the Company in October 2019), and breaches the 1.20 times level specified in the agreement with a

of boat and minibus made by aluminum for 2nd quarter of 2019 in the amount of 19.15 million. 2. The company’s cost of sales and services in the amount of Baht 358.72 million or 73.66 percent of its

and distribution of boat and minibus made by aluminum for 1st quarter of 2019 in the amount of 54.18 million while the 1st quarter of 2020 still has no revenue due to being in production. 2. The

design and distribution of boat and minibus made by aluminum for Q3/2019 in the amount of 45.86 million, increased from Q3/2018 the company’s income in the amount of Baht 11.44 million. 2. The company’s

during the past 5 months since the Phuket boat incident partly due to the exemption of visa on arrival fee which started from November 15, 2018 resulting in the number of Chinese tourist arrivals to total

34.4 million, growth of 7.9% from the same period last year despite a decline in the number of Chinese tourists since the Phuket boat incident in July. Nevertheless, for the 11 months of 2018, the number

, excluding Dusit Princess Korat Hotel (for comparison purposes), maintained at the same level as in 3Q17. Dusit Thani Laguna Phuket Hotel and Dusit Thani Pattaya Hotel showing a revenue increase from last year

exhibit a slowdown. The tourism sector was impacted by the Phuket boat incident and partly resulted in, after seasonal adjustment, the continued decline in the number of foreign tourists during the month of