Philippines due to the Company planned to invest in an owned Hospitality and Tourism College through Dusit Hospitality Education Philippines Inc. which expected to open in this year. - A decrease of THB 6
Company’s property portfolio now comprises of 333 properties (38 hotels and 395 villas) and 10,293 rooms. Education Business Dusit Thani College and Le Cordon Bleu Dusit were temporarily closed since the end
to the accounting standards as specified by a professional institution approved by relevant government authorities and in accordance with additional regulations specified in the notification of the SEC.
owned college in next year. In 4Q18, EBITDA from Education Business was THB 32 million, increased by 18.5% yoy, due to decrease of administrative expenses of education business. Other Business Revenue
a profit sharing from Le Cordon Bleu Dusit due to the incremental expenses relating to the institution relocation, the increase from a loss sharing from Dusit Hospitality Education Philippine as in
expansion and increase in loss sharing from Dusit Hospitality Education Philippines Inc. which planned to open later this year. Dusit Thani College has better revenue from changing its strategies to focus on
granting of such approval shall be in accordance with the rules, conditions and procedures as specified by the SEC. The establishment of a branch office of a financial institution established in accordance
because the Company did not have a support from the financial institution by the agreed period. Therefore, the Company proceeded to cancel the Shares Purchase Agreement that related to The Acquisition with