area and also from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by
from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by the decline in
Page 1 of 17 (-Translation-) No.DO 004/2563 February 12, 2020 Subject: The Acquisition and Disposition of Assets to Real Estate Investment Trust of M.K. Real Estate Development Public Company Limited
the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the disposal of assets, the Company has
province (“Ratchaphatsadu Land”) totaling 2 plots, approximate area is 1,335 rai 2 ngan 28.1 square wah, for 50 years, for the purpose of creating opportunities and supporting real estate and/or industrial
collection, which will obviously grow in the third and fourth quarter this year. 4. Property development Business Although the real estate development business under the operation of JAS Asset had the
40.99 (40.99) Construction of Baan Baranee, this company’s real estate project. The Company orders this company to repay the debts by installments according to its business’s net cash flow. East Bangkok
total work. In the event that the Company waited for the design of the entire project to be completed 4 before starting with the construction, like other real estates, it will probably takes 7-8 years for
construction, like other real estates, it will probably takes 7-8 years for the completion of the design and Carnival Magic Project will be able to open by the year 2025. This will result in the opportunity lost
PUBLIC COMPANY L... EASTERN POWER GROUP PUBLIC COMPANY LIM... EASTERN SENA DEVELOPMENT COMPANY LIMITED EASTERN STAR REAL ESTATE PUBLIC COMPAN... EASTERN SUGAR & CANE PUBLIC COMPANY LI... EASTERN TECHNICAL