of holiday club memberships decreased by Baht 246 million. The difference is largely attributed to the revenue recognition of property sales projects namely Cassia Phuket and Laguna Residences which
quarter of 2017 showing a decrease of Baht 4.76 million or representing 7.46 % decrease since there have been only 6 ongoing projects whereas a subsidiary had 1 additional ongoing project with its contract
decreased 18.58 million baht. Due to the crisis of the COVID-19 epidemic causing real estate developers to delay investment in new projects. In addition, financial institutions are strict in lending to
comprise of property sales and the sale of holiday club memberships decreased by Baht 172 million. The difference is largely attributed to the revenue recognition of property sales projects namely Laguna
responsible for decision-making and the disclosure of information related to ICO projects; 2. Token holder resolutions: To improve the regulations regarding token holder resolutions and relevant procedures
effect on 16 March 2020.”Previously, some crowdfunding projects did not succeed as they did not fully meet a targeted fund-raising amount. According to the All-or-Nothing rule, such projects would not
buildings, renewable energy and other sustainable projects, demonstrate the growing interest in sustainable finance by issuers and intermediaries throughout the region to finance development projects. This
investment amounting THB 13,996 mn and is in the process of reviewing its capital expenditure plan in the effort to curb investments in new projects and asset enhancement initiatives. Temporary closure of 2
expansion of domestic construction industry and the growth of new Shopping complexes and renovated stores, together with the turnkey projects balance brought forward from Q4/2017 completed and recognized
period in 2017. In the first quarter of 2018, the Company and its subsidiaries launched 2 new residential projects with a total project value of Baht 1,988 million. In addition, the Company and its