the drop in Chinese tourist arrivals into Thailand. Revenue from office rental operations which includes retail leasing decreased by Baht 7 million due largely to the decrease in occupancy of Thai Wah
diversifying into other business sector such as expanding to recurring income business. Furthermore, the Company is considering and evaluating a plan for joint venture with local and oversea entities to ensure
’ business. AEONTS and its subsidiaries enter into “Business Administration Agreement” and pays management fee to AFS. Value of consideration: Amount Related company name JPY THB AEONTS 255,955,000 78,273,599
) Transaction details Company requesting guarantee : Sahapat Real Estate Co., Ltd. Type of business : Property developer Registered capital : Baht 250,000,000.- classified into 10,000,000 ordinary shares, with
74.52% due to an increase in rent and service income from warehouse/factory space. This was a result from diversifying the Company’s business risk by expanding into recurring income business. The
(“Saraburi”) into final receivership. The Company and Saraburi are the parties to a joint venture agreement, NWR)SBCC Joint Venture, to carry out a soil and coal extraction and transportation work project at
prevailing market rates. 3.3 Payment Method The payment of remuneration will be divided into 12 monthly instalments of Baht 315,000, and a discretionary bonus may be paid once a year. 4. Name of the related
and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for
strategy into renewable Energy by acquiring 30MW of solar farms in Thailand in September 2017. Currently, the company operates already 38.6MW of solar power plants of in total. The second solar power plant
, an increase of 5.2% YoY. 3Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) On 28 August 2017, the Unitholders