has specified in its scheme the real estate to be acquired pursuant to the Notification of the Office governing rules, conditions and procedures for establishment and management of property funds; (8
infrastructures or real estates or real estate development businesses. However, such scheme shall be established upon aproval, registration or any other similar action from the the home regulator of any ASEAN
) dated 20 February 2017 (effective on 1 March 2017). 2 (3) a trust fund or a fund established under the laws of a foreign country of which the main objective is to make investment in real estate or in real
at the threshold that is not less than the requirement under the Notification of the Capital Market Supervisory Board concerning the Issuance and Offering of Trust Units of Real Estate Investment Trust
shares of Keystone Estate Co., Ltd. Land owner and property development 1,874.00 9,370,000 100.00 50.00 15 Ordinary shares of Keystone Management Co., Ltd. International school 500.00 2,500,000 100.00
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
Their Scope of Work (No. 5) dated 23 March 2015 (effective on 1 May 2015). 4 (20)4 “unit” means a trust certificate representing the rights of the holder as beneficiary of a real estate investment trust
., Ltd. Hotel management 25.00 1,250,000 10.00 50.00 14 Ordinary shares of Keystone Estate Co., Ltd. Land owner and property development 1,874.00 9,370,000 100.00 50.00 15 Ordinary shares of Keystone
sale of properties for sale were Baht 307 and 226 million respectively, which decreased 26.4% due to the downturn of real estate sector Other operating expenses Unit: Baht in Million Q1/2019 Q4/2019 Q1