of previous year, mainly because some asset monetization to WHART was under joint venture companies, which was recognized in form of share of profit from joint venture, totaling of THB 463.9 mm

ownership on SHR (40%) and performance of SHR included in consolidated financial statement of the Company since November 2019. SHR, the Company’s subsidiary, entered into a joint venture with Wai Eco World

repay loan from financial institutions and debentures. 2. Decrease in short-term loans to related parties of THB 458.2 mm, mainly from the loan repayment from the joint venture. 3. Decrease in investments

36,201 Million Baht, increased 4,370 Million Baht or 14% from as at 31 December 2016. The main assets comprised of investment in shares of joint venture of 8,455 Million Baht, cash and cash equivalent of

Assets As at 30 September 2017, the total assets were 34,468 Million Baht, increased 2,626 Million Baht or 8% from as at 31 December 2016. The main assets comprised of investment in shares of joint venture

venture agreement with Tokyo Tatemono Asia Pte. Ltd. to jointly develop a luxury condominium project in Thonglor area, Soi Sukhumvit 38. Management outlook and future projects Despite the bearish outlook

Three Company Limited back from the two investors. The investment in shares of the joint venture, therefore, decreased by 6,441 million Baht. The main assets, cash and cash equivalent of 1,278 million

February Entered into the third joint venture agreement with Tokyo Tatemono Asia Pte. Ltd. (“TTA”) to develop an ultra-luxury condominium project in soi Sukhumvit 38, near BTS station – Thonglor. The project

shareholding proportion is 49 percent and 51 percent, respectively. Both investors agreed to establish a joint venture company in Thailand with the registered capital of Baht 1 million, divided into 100,000

(4) 29 upper midscale hotels operated under the Mercure and Holiday Inn brands in the United Kingdom, of which the Company holds 50% in an equal joint venture "UK Portfolio Hotels". Results for the UK