the strengthen in Thai Baht. Major Development in 2Q19 On April 1st, 2019, the Company opened Dusit Central Park Project to develop mix-used real estate project which it will be completed in 2024. In
% compared to 2016. Mana Patanakarn Company Limited, the real estate development company, has completed the construction of condominium “Aspen Condo” phase A and was able to transfer the right of ownership to
: Acquisition of a formerly managed hotel. VHE Bratislava Real Estate s.r.o., a wholly owned subsidiary of Vienna House, entered into a Real Estate Purchase Agreement with Hotel AVION s.r.o. (a non-related party
has invested in the real estate business in August 2019, which is the beginning period of the business operations, resulting in operating losses. The company expects to recognising revenues and costs in
nearby real estate. 9. Opinion of the Audit Committee and/or the Company)s Directors which is different from the Opinion of the Board under Item 8. : - None - Please be informed accordingly. Very truly
Company’s subsidiary company which do real estate development business, has started to transfer the ownership of condominium rooms at Aspen Condo to the purchasers. . . 3.2 Selling and administrative expenses
Baht 1,004 million or by 78.6% year-on-year • cost of real estate development for sales Baht 8,045 million or 45% of total assets decreased by 15.8% year-on-year. • Trade and other receivables of Baht
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
profit 2019 (16.76) Criteria used in the calculation of transaction value 1. NTA = Not used because the acquired asset is real estate 2. Net profit = Not used because the acquired asset is real estate 3
10.79 NTA 203.85 Net profit 2019 Consolidated (16.76) Net profit 2019 Company (17.20) Criteria used in the calculation of transaction value 1. NTA = Not used because the acquired asset is real estate 2