estate business and thus the Company has to revise its strategy and target group. The year 2017 marks “The Year of Shift”. First of all, the target customers of the Company have been changed from middle to
Board of Directors Meeting No. 4/2017, the Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development
revenues from project management service to joint venture company, (With“Nomura Real Estate Development” (NRED)) 3. Gain from transfer of right for land purchase and sale agreements, in the period for year
, working people and investors who buy and rent out condominium units. Apart from residential property development, the Company also provides real estate services and management service to other organizations
above real estate services are provided to the Company, associated companies as well as other domestic and international companies outside LPN Group. It is expected that the income from service business
2. 2.2 The Board of Directors of the Company resolved to approve the joint venture with Nomura Real Estate Development Co., Ltd. (“NRED”) by disposal of 49,000 ordinary shares, with the par value of
the transaction, i.e.,: (1) The transaction under which Origin One Co., Ltd., a subsidiary of the Company, invested in the real estate development project in a category of hotel and service apartment
considered and approved the material matters as follows: 1. Asset Disposal Transaction of the Company 1.1 The Board of Directors of the Company resolved to approve the joint venture with Nomura Real Estate
year continually. 4. Property Development Business JAS Asset Public Company Limited ("JAS"), engaging in real estate development business, which the Company holds 67.5% of shares and has a net profit of