for its investment in Nam Ngum 3 project for THB 205.75 million by means of disposing some assets of the project to the governmental entity of Lao PDR. The higher-than-the project investment of THB
founders and major shareholders were all in favor of disposing QI to Continental. This transaction is at arms’ length and after the close, Continental will not have any claims against the Company. Please be
subsidiary is remunerated for its investment in Nam Ngum 3 project for Baht 175.10 million by means of disposing some assets of the project to the governmental entity of Lao PDR. The higher amount than the
175 million by means of disposing some assets of the project to the governmental entity of Lao PDR. The higher amount than the project investment of Baht 28.81 million is, then, recognized as the gain
Company had to make this sale for the reason that QI’s founders and major shareholders, who are not related parties to the Company, were all in favor of disposing QI to Continental. This transaction is at
-Translation- Ref. No. PorBor.027 / 2019 September 11, 2019 Subject: Entering into Transaction of Disposing of Subsidiary’s ordinary shares To: President The Stock Exchange of Thailand Enclosure
: The Company sees the opportunity in disposing LBTG as this disposal will allow the Company to focus on its other hotel investments, property development and other related businesses thereby driving
transaction is linked to purchasing or disposing assets. Based on the calculations under various criteria with any highest value from any criteria and based on the Company’s financial statement as of September
-Translation- Ref. No. PorBor. 004 / 2020 January 10, 2020 Subject: Notifying cancellation of the resolution of the Board of Directors’ Meeting and Schedule Entering into Transaction of Disposing of
-Translation- Ref. No. PorBor.025 / 2019 August 28, 2019 Subject: Entering into Transaction of Disposing of Subsidiary’s Land and Buildings for the Debenture Debt repayment To: President The Stock