Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business
Complex, amounted to Bt1,530mn, upon a transfer of office space at Singha Complex to an anchor tenant in December, as mentioned previously. Residential and commercial property businesses were the Company’s
services of the 52%-owned NVD. The initiative to expand residential business to landed property took place in April 2015, whereby Singha Estate invested in Nirvana, a mid-sized housing development company
significant changes and developments: describe changes of person who has duties concerning REIT management e.g. change of REIT manager, trustee, or property manager; 2.3 REIT management structure: demonstrate
, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz- Carlton Residences, Bangkok (“RCR”) of 1,360 Million
, increasing by 168% as compared to Q3 2016 of 796 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton Residences, Bangkok (“RCR”) of 1,360 Million
deposits at financial institutions 510.2 277.6 232.6 83.8 Investment property (net) 193.4 144.9 48.5 33.5 Property, plant and equipment (net) 9,463.6 9,095.3 368.3 4.0 Advance payments for constructions and
(8.9) (2.0) Investment property (net) 193.4 210.7 (17.3) (8.2) Property, plant and equipment (net) 10,473.2 10,261.3 211.9 2.1 Advance payments for constructions and purchasesof fixed assets 149.3 95.2
from room renovations of Dusit Thani Pattaya and Dusit Thani Laguna Phuket of which under Dusit Thani Freehold & Leasehold Property Fund (DTCPF or “Property Fund”). In addition, F&B revenues declined
257.2 185.2 72.0 38.9 Restricted deposits at financial institutions 309.8 498.7 (188.9) (37.9) Investment property (net) 124.2 124.2 - - Property, plant and equipment (net) 8,123.3 8,059.4 63.9 0.8