the Office, whose main objective is to promote and develop securities businesses in the category of investment management; “Customer” means any person who authorizes a management company to manage a
develop a new resort on Deira island, Dubai under Vienna House’s brand. The expected total value of the project is up to THB 5,000mn. Should the project proceed to a stage where a binding agreement is to be
previous year by 0.79 percent, due to the increase in the cost of raw materials and increase in selling and administrative expenses, as well as increase in cost from long holiday period during the Songkran
, and (2) the Company recorded the doubtful accounts on long-term loan to joint ventures of 910 million Baht in the same period last year. In Q2 2018, the Company had finance cost of 198 million Baht
available-for-sale of THB 360.3 mm, mainly from increase in market capitalization of REITs after the market price increased during this period. 4. Increase in other long-term investment (net) of THB 201.1 mm
decrease in long-term loan and financial lease liabilities due within one year of 71.22 percent and a decrease in annualized interest on loan payment of 41.34 percent. (5) Debt Obligation The Corporate Group
venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS
residential property as well as for a long-term investment. Before starting every project, we carefully selecte locations and requirement of our target buyers. Although overall economy is soft, the Company’s
medical professionals in the fight against COVID-19. Last but not least, OSP’s engineers have been working closely with Chaophya hospital and the Engineering Institute of Thailand to design and develop
share sale transaction for ordinary shares in a wholly owned subsidiary of SHR to Wai Eco World Developer Pte. Ltd (“WERW”) in accordance with Joint Venture Agreement to operate and develop a high-end