SHR ANNUAL REPORT 2020 [EN]

CONTENTS 006 FINANCIAL HIGHLIGHTS 008 MESSAGE FROM CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER 012 REPORT OF THE AUDIT COMMITTEE 014 REPORT OF THE EXECUTIVE COMMITTEE 015 REPORT OF THE RISK MANAGEMENT COMMITTEE 016 BOARD OF DIRECTORS AND EXECUTIVES 018 VISION AND BUSINESS STRATEGIES 020 CORE VALUES 022 YEAR IN BRIEF IN 2020 024 AWARDS & RECOGNITION 026 OVERVIEW OF THE THAILAND ECONOMY AND HOSPITALITY BUSINESS IN 2020 AND 2021 OUTLOOK 030 MANAGEMENT’S DISCUSSION AND ANALYSIS FOR THE PERFORMANCE OF THE YEAR 2020 040 NATURE OF BUSINESS 044 BUSINESS STRUCTURE 046 KEY BUSINESS SEGMENTS 048 REVENUE STRUCTURE OF THE COMPANY AND ITS SUBSIDIARIES 050 ASSETS USED IN OPERATIONS AND INFORMATION OF ASSET ASSESSMENT 056 OUR PROJECTS IN 2020 082 FUTURE PROJECTS 084 SECURITIES AND SHAREHOLDERS 090 MANAGEMENT STRUCTURE 104 CORPORATE GOVERNANCE 142 DRIVING BUSINESSES TOWARDS SUSTAINABILITY 150 RISK MANAGEMENT 154 INTERNAL CONTROL 158 RELATED PARTY TRANSACTIONS 164 RESPONSIBILITY OF THE BOARD OF DIRECTORS TO FINANCIAL STATEMENTS 165 INDEPENDENT AUDITOR’ S REPORT 170 FINANCIAL STATEMENTS 181 NOTES TO FINANCIAL STATEMENTS 250 REMUNERATION OF AUDITORS 251 LEGAL DISPUTES 252 INFORMATION OF DIRECTORS, EXECUTIVES, AND PERSON SUPERVISING ACCOUNTING 264 THE COMPANY’S SECURITIES HOLDING OF DIRECTORS AND EXECUTIVES 266 GENERAL INFORMATION OF BUSINESS HELD BY THE COMPANY 10% UPWARDS (DIRECTLY AND INDIRECTLY) 270 LIST OF DIRECTORS IN SUBSIDIARIES 272 COMPANY INFORMATION AND OTHER SIGNIFICANT INFORMATION