depreciation of rental properties and leased vehicles, and (2) a decrease in investment property of THB 11.69 million (-31.98%) from the reclassification of building leased to A-Serv Service Company Limited, to
supports from leading financial institutes with financial cost similar to cost of convertible bond. Additionally, the Company has been informed by Singha Property Management (Singapore) Pte. Ltd. ("SPM SG
from Noble Development PCL (Noble) at total investment of THB 800mn. DISPOSAL OF ASSETS Disposal of asset - Boonbaramee Metta Property 11 February 2019 The Company entered into a sales agreement of
Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business
Million Baht, increasing by 168% from Q3 2016 of 1,336 Million Baht. Major sources of revenues arose from the following; I Property Business: the Company will be able to recognize revenues only when the
Baht, increasing by 168% from Q3 2016 of 1,336 Million Baht. Major sources of revenues arose from the following; I Property Business: the Company will be able to recognize revenues only when the
up 17.3% from 2018 which resulted in the company entering into an Intellectual Property & Technology License Agreement with one related company, in order to enhance the capability to develop new
close 2016 result from the company have entered into the Intellectual Property & Technology License Agreement with one related company, in order to enhance the capability to develop new products to catch
decelerated of marketing activities as well as a decrease in space of property expenses. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues
Analysis (MD&A) 2019 Page 4/8 6. Property Development Business and Retail Rental Space JAS Asset Public Company Limited ("J"), a company considered as the property developer, conducting in the business of