(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has
beverage management. Cost of sales In 1Q18, CPN reported cost of sales at THB 135 mn, in line with the growth in sales of real estate due to the partial transfer of unit ownership at ESCENT Rayong and ESCENT
estimated to expand led by mid- to high- income non-agricultural household, which are the Company’s target customers. The BOT’s report mentions on real estate sector that, in 1Q18, there remained pockets of
://www.sec.or.th/EN/Pages/LawandRegulations/InfrastructureFund.aspx English (United States) RealEstateInvestmentTrust estate as REIT's assets are permissible under the following two cases: purchasing real estate and
cost of sales at THB 466 mn (for the first nine months of 2018, the figure stood at THB 1,375 mn), in line with the growth in sales of real estate due to the transfers at ESCENT Rayong, ESCENT Chiangmai
collection, which will obviously grow in the third and fourth quarter this year. 4. Property development Business Although the real estate development business under the operation of JAS Asset had the
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
financial statements in Q1/2020 of the Company and subsidiary companies to the Stock Exchange of Thailand as follows: L.P.N. Development Public Co., Ltd. and subsidiary companies are developers of real estate
from real estate sales, which was the main source of income for 2019. In this regard, the analysis of the operating results of the Company could be explained as follows: Rental and Service Income and
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