acquisition the subsidiary business. Such loan calculated fixed interest rate at 3.75 per year for the first-five year loans and after that will be calculated MLR rate at 2.1 which the due payment for the
million 2.2.2 Long term loan from banks, which are due within one year, was of Bt349.1 million which were belonged to BAFS at the amount of Bt212.7 million and belonged to TARCO and FPT at the amount of
had recorded since the fourth quarter of the year 2017 where the income is equal to the interest expense from the long term loan for investing in the MRT Purple Line. The MRTA is fully responsible for
the nine-month period of 2018, loans shared 30% of total turnovers (shared 21% from personal loan and 9% from purposed loan for mobile phones, IT products, electrical appliances and etc. at department
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
year. Financial Cost Most of financial cost resulted from loan interest on loans borrowed to develop projects, which are capitalized as development costs for the projects until construction completion
projects. 3. Finance costs The Group has financial costs during on Q2/2020 increased totaling of Baht 3.06 Million, compared to same period of last year. Due to short-term loan from a financial institution
since January 1, 2020, the Company reclassified loan from financial institution for the MRT Purple Line Project (the MRTA is fully responsible for both loan repayment and interest expense in accordance to