management and utilization of in-store spaces by renovating some areas of the dessert café to accommodate a new store format "After You Marketplace". 5. Growth through the Mikka Café franchise by providing an

the principle of the best effort of the seller (Best Effort Basis). However, at present, 5-month sales (Jan - May 2020) has already reached 125.651 million Baht. Together with the cost of renovating the

developing more comprehensive IT systems, a CRM system, and using data mining to enhance employees’ working efficiency; and 4) Page 8 Renovating the headquarters to ensure employees’ happiness at work under

, Transmission Line both of Overhead Line and Underground Line, Conduit Tunnel and Drainage Tunnel, Renovating of the conventional substation control system to Computer base Substation Control System, with

expected to generate THB 6,200 - 6,500mn. We expect Vienna House to benefit from (1) the uplift of renovating 5 hotels, (2) the opening of 2 hotels Vienna House Mokotow Warsaw and Vienna House Easy Kronberg

inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and

inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and

inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and

at more Index Living Mall stores in 2020 to further reduce electricity costs for the Company’s operation sustainably. Remodeling stores to enhance usage of spaces and increase operating revenue In

in the last quarter of the year, due to the marketing promotion expense, and the annual service station maintenance and refurbishing expenses. Management Discussion and Analysis of Business Operation