. Development Public Co., Ltd. and subsidiary companies are real estate developers and providers of comprehensive real estate services. The corporate group comprises the Company and four subsidiary companies
companies operate real estate business and provide full real estate services. Since 2017, the projects developed i.e. residential condominiums and single houses have been remodeled to serve the needs of all
estate which the company is to invest and to develop real estate projects of the company of which the company will generate returns more than investing in long-term infrastructure development. Such
Company also has a plan to grant long-term lease of such asset to S Prime Growth Leasehold Real Estate Investment Trust (the “REIT”) However, the lease of Metropolis Office Building will be completed under
prudent credit policy in order to maintain overall portfolio quality. We thus held co-promotions with our real estate business partners targeting specific groups of customers through the offering of a
-depth information on real estate investment. Meanwhile, we continue with our 12 aspiration to become “Customers’ Life Platform of Choice” - the most-preferred platform that can meet customers’ needs in
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
financial statements in Q1/2020 of the Company and subsidiary companies to the Stock Exchange of Thailand as follows: L.P.N. Development Public Co., Ltd. and subsidiary companies are developers of real estate
PUBLIC COMPANY LIMITED ESSO: ESSO (THAILAND) PUBLIC COMPANY LIMITED ESTAR: EASTERN STAR REAL ESTATE PUBLIC COMPANY LIMITED ETC: EARTH TECH ENVIRONMENT PUBLIC COMPANY LIMITED ETE: EASTERN TECHNICAL
470,159 446,513 5.4% 11.0% Housing 249,845 251,197 243,754 (0.5)% 2.5% Real estate and construction 205,235 200,736 199,224 2.2% 3.0% Agriculture and mining 62,654 61,569 53,134 1.8% 17.9% Others 300,805