used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction
Project One Co., Ltd. ("PP1") and Pace Project Three Co., Ltd. ("PP3") which are the Company's subsidiaries and the shares of which are held by the Company, directly and indirectly through Pace Real Estate
the strengthen in Thai Baht. Major Development in 2Q19 On April 1st, 2019, the Company opened Dusit Central Park Project to develop mix-used real estate project which it will be completed in 2024. In
by 29.9%, corporate banking loans expanded by 73.4%, Lombard loans expanded by 38.3% with real estate development loans also registering a growth of 3.2% YTD. Meanwhile, contractions continue for hire
concerning the Issuance and Offer for Sale regarding Units of Real Estate Investment Trust , or the Notification of the Capital Market Supervisory Board concerning the Issuance and Offering for Sale of
Transactions The acquisition of FKRMM’s wholly shares and issuance of new ordinary shares as a compensation of this transaction is categorized as connected transactions regarding to the Capital Market
residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the customers. MahaNakhon Project: The Company sold 4 residences of the
% 45.9% 49.5% 53.2% GPM before adjustment with PPA/1 82.3% 51.5% 57.3% 54.8% /1 Excluding accounting impact of Purchase Price Allocation (PPA) Income from sales of real estate during 3 months ended the