Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

of responsibility or caution, or reflecting unfair or incredible manner, except where it is proper, the Minister upon the SEC’s recommendation may give a waiver of such disqualified characters to such

and acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”. Details of the Share Acquisition Transaction are as follows: 1. The subscription of newly issued shares of

existing shareholder (the “Share Acquisition Transaction”). Share Acquisition Transaction is expected to be completed by October 31, 2017. Details of the Share Acquisition Transaction are as follows: 1

hotel, hotel management, and share of profits/losses from investments. • Owned Hotel 2017 2016 % Chg Occupancy (%) 73.3 73.2 1.5 ADR (THB/night) 3,597 3,727 -3.5 RevPar (THB/night) 2,636 2,690 -2.0

acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”). Details of the Share Acquisition Transaction are as follows: 1. Subscription of 805,264 newly issued ordinary shares of

means of subscription of newly issued shares of Hero Experience and acquisition of shares from the existing shareholder (the “Share Acquisition Transaction”. Details of the Share Acquisition Transaction

shares from the existing shareholder (the “Share Acquisition Transaction”). Details of the Share Acquisition Transaction are as follows: 1. Subscription of 805,264 newly issued ordinary shares of Hero

Tourism Authority of Thailand, namely “Amazing Thai Taste” (Source: Ministry of Tourism and Sports). The number of passengers of Bangkok Airways increased by 4.5 percent for the second quarter of 2017. The

the world’s large oil producers. Heavy sell-off of shares was evident, which triggered the “circuit breaker” of the Stock 8 Exchange of Thailand in order to temporarily suspend share trading for the