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Laguna Resorts & Hotels Public Company Limited - Update On Current Status Of The Memorandum Of Understanding For New Joint Venture Project

Attached is the announcement to the Stock Exchange of Thailand made by Laguna Resorts & Hotels Public Company Limited, a subsidiary of Banyan Tree Holdings Limited.

DBS Bank Ltd and UBS AG, acting through its business group, UBS Investment Bank, were the joint global co-ordinators and bookrunners of the initial public offering of the shares in Banyan Tree Holdings Limited.

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