, concession or investment promotion – and clarify the respective benefits thereof as well. In the event that the Company or a subsidiary operates project-based business such as a real estate development
shares of Keystone Estate Co., Ltd. Land owner and property development 1,874.00 9,370,000 100.00 50.00 15 Ordinary shares of Keystone Management Co., Ltd. International school 500.00 2,500,000 100.00
located in Amata City Rayong Industrial Estate) on February 1, June 1 and October 1, 2018 respectively. EBITDA • EBITDA increased 5.4% y-on-y to Baht 9,199 million in 2018 due to the operation of new power
Property Business: the Company will be able to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and
Leasehold Real Estate Investment Trust (DREIT) in the same proportion of the current holding with objective to generate the long-term continuing return. The Annual General Meeting of shareholders also
the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. 1. As of 31 March 2018, Details and progress of
Company Limited, (iii) Siripat Three Company Limited and (iv) Bangkok Sky Sukhumvit 34 Company Limited are now joint venture companies between the Company and Sansiri for the purpose of real estate
condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the customers. MahaNakhon Project: The Company sold 51 residences of the Ritz
quarter and the first half of 2020 were THB 38.4 mm and THB 71.3 mm, which varies from income from sales of real estate. The selling expense accounted for 8.8% of income from sales of real estate for the