cleaning services within site location such as the cleaning of solar panels, cutting grass, maintenance of equipment, and costs related to renewable energy project development overseas, (2) land rental for
November 5, 2018. For the consolidated financial statements as of 3Q18, CPN recorded an increase in investment properties at THB 23,370 mn and an increase in interest-bearing debt of THB 7,849 mn based on
properties, which represents most of GLAND’s operating cost, is higher under the Company’s book compared to GLAND’s book, which are based on its original cost. Non-recurring items The Company has non-recurring
, rental expense of Hilton Pattaya Hotel based on the sublet agreement with CPNREIT, office supplies, professional fees, and depreciation and amortization of office equipment and hotel properties. In 2Q20
on process of transfer, 2 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth
Debenture amount of Baht680,000,000 (Six hundred eighty thousand million) as per information memorandum on entering into the transaction of acquisition and disposal of the Subsidiaries’ land and properties to
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39.6% (282) (1.4%) Revenue from rental services 1,800 3.4% 1,635 3.3% 165 10.1% Revenue from rendering of services 403 0.8% 372 0.7% 31 8.4% Investment income 41 0.1% 188 0.4% (147) (78.3%) Gain on
entering the Company’s properties. Page 5 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Additionally, the Company puts an emphasize on efficient cost management to