company has obtained all relevant licenses for the operation of its business except for EIA and Construction licenses. 4. Completion of land ownership transfer registration from land owner to JV Company. 5
construction and electrical system, supply and maintenance. Type Jan.-Jun. 2016 Jan.-Jun. 2017 % MB % MB Sales Revenue Sales Revenue from Turnkey Business 46.09 26.37 160.21 42.52 - Sales Revenue from
://www.icns.co.th Sales Revenue Sales revenue in the first nine months of 2017 consists of turnkey business including telecommunication system and construction and electrical system, supply and maintenance. Type Jan
of its business except for EIA and Construction licenses. 4. The Superficies Agreements and Land Lease Agreements shall be valid and have not been terminated 5. The Sublease Agreement has been amended
construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years, the level of competition in this business, community malls included, became more intense
the Company entered into lease agreement. Since then, Project MET has not started any construction. In addition, due to the low growth of retail business and rapid growth on e-commerce in recent years
last year there was the feedstock supply shortage from flood situation in the south of Thailand. However, the company had higher account payable to construction of THB 201 million due to payable from
end of year 2016 at 13.46 MB, paid the deposits to franchise and asset purchase agreement amount Baht 116.82 million, and prepayment to contractors for building and warehouse construction at 0.34 MB and
business including telecommunication system and construction and electrical system, supply and maintenance. Type 2016 2017 MB % MB % Sales Revenue Sales Revenue from Turnkey Business 259.36 45.52 545.12
construction of new cooking studio at Seacon Square (expected commencement in mid-2018), in response to a growing demand for talents in the food industry supported by a robust growth of the tourism industry. The