concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost
profit margin because it is an estimation of revenue and cost against actual usage. Normally, the Company can control cost for project management so during the project closing, profit margin of
“MHNK Observation Deck” and rooftop bar are in the process of interior decoration which are expected to be completed in Q4 2017. Project Operated By Project Value (MB) Total Units Sales Progress Actual
area is different from the area specified in the agreement, the amount of payment increase/decrease The purchase agreement contains a condition allowing that, in case of a difference between the actual
difference between the actual area of the property and the area stated in the agreement, the increase/decrease price of the property will be calculated at the price of 18,125 Baht per sq. w. The increase
details of Base used in th (Ba 3 59, 587,5 3 28 4 4 1,40 4) as shown he actual shar debts betwee the amount of er to make ful lue of the ass ount of 10% After due for sale of f the value ale of land f which
discount will be used as a minimum price setforth for consideration by the Company’s shareholders but it does not prohibit the opportunity of the Company to fix the actual sale price of assets at a higher
rooftop bar are in the process of interior decoration which are expected to be completed in Q4 2017. Project Operated By Project Value (MB) Total Units Sales Progress Actual Transferred Value (MB) in 2017