related to properties in or outside the Kingdom including to accept donated properties; (2) borrow or lend money as well as make investment for profit; (3) determine the fees for filing registration

ADAM to fraudulently acquire Kitha Properties to be a subsidiary of ADAM by purchasing the total amount of Kitha Properties’ ordinary shares in 2014, although they have already known that Kitha

net NPAs is calculated from the sum of cash collection received from NPA management business divided by the sum of ( i) properties foreclosed – net; and ( ii) installment sale receivables-net (average

Baht 192,189.05 (or 2.48 times over acquisition cost) while book value of properties for sale was at Baht 23,899.11 million against the appraisal value of NPA at Baht 55,069.43 million (or 2.31 times

the existence of the debt that Tangerine Properties Co., Ltd., a POLAR subsidiary, owes to Simba Co., Ltd. Earlier, the SEC ordered POLAR to conduct a special audit on such debt and requested the

an offense by making ADAM dishonestly purchased the whole ordinary shares of Kitha Properties Company Limited (“Kitha”) in 2014 resulting in Kitha becoming a subsidiary of ADAM with an incentive to

establish this new subsidiary to be a holding company of other subsidiaries of the Company which owned properties in Europe. The details are as follows: Name: Vienna House Real Estate GmbH Registered Office

which increased 197 .0 % from year ended 2019. Most of this is temporary differences relating to past differences in interest income for accounting and tax, along with the revaluation on properties for

period of the last year. KEY HIGHLIGHTS • Total revenue increased by 10.3%, mainly from increase in revenue from sale of investment properties and increase in revenue from rental and services together with

with Q1/2017. The cost of good was 64.6 percent. (3) Gains from the sale of investment properties For Q1/2018, the company had gains from the sale of investment properties, of 4.2 million baht, increased