drive high presale, due to marketing strategies and Everyone Can Sell Campaign, 4,852.4 million baht, or 23.0% of the yearly presale target. The presale came from the PAGE 2 housing project approximately
restaurants and bars, café’, banquet room, meeting rooms and other hotel’s facilities. Revenue from property development operations through sales of residential projects in both low rise and high-rise
581.10 million so as to wait for the repayment period of the previous debentures which expires on 16 August 2020 approximately amounted of Baht 600 million. This resulted in the high-interest payment
Golden Lime. Third, we closed the transaction to acquire a 99.79% majority stake in Thai Marble Corp., Ltd. (TMC), an ornamental stone and limestone business in Saraburi Province, that is of high strategic
challenging for exports but we are continuing to push into high value segments where the overall costs including logistics allows us to compete. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND
investment in loans also increased 84.6%. Interest expense totaled Baht 5,720 million, an increase of 13.7% yoy. Yield on loan for 2019 declined slightly to 7.0% from 7.2% in 2018, while cost of funds remained
properties and cost management In 1Q18, the Thai economy continues to expand, primarily driven by a number of supporting factors, namely 1) growth in exports with a record high in March 2018. 2) Growth in the
essential relevant documents. The Committee can also seek independent opinions from professional consultants as it deems necessary, at the expense of the company. The Audit Committee shall perform its duties