to Clause 7 shall commence upon completion of establishment of mutual funds or establishment of trusts, as the case may be. Clause 10 The appraisal of assets disclosed or used in preparation of reports
the exchange rate of 8.0548 THB per MYR on November 24, 2017 which prior to Board of Director’ Company. The exchange rate is referred to the Bank of Thailand. After the transaction’s completion, CRSB
because the income from sale has decreased from 13,855.41 million THB to 8,719.77 million THB or 37.07%. The majority of the income derived from ready-to- move-in projects, accounting for 72% of the income
the Company and subsidiary companies increased 17.32% and 0.60% respectively, most of which was the income recognition from ready-to-move-in projects and recognition of one project completed in Q1/2019
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been
million THB, most of which is the income recognition of ready-to-move-in projects as well as the 4 projects completed and ready to be handed over. There is thus lesser number of projects under construction
million baht due to the expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal
8.0548 THB per MYR on November 24 Company. The exchange rate is referred to the Bank of Thailand. After the transaction’s completion, CRSB will hold NDR’s ordinary shares for 20.31% of paid representative