received credit facilities from its financial institutions which are sufficient to complete the projects, and it expects to be able to transfer the ownership of all residences to its customers as well as
financial valuation : 10 years as it is considered as appropriate period for financial projection that can provide an accurate and precise result. Total number of branches in 2018 : 11 branches of the
and Buildings since such Land and Buildings do not have a very large area, and the Company does not optimize the use of it. Such disposal of assets does not have significant impact on the Company’s core
utilization for the proposed purposes. 2. If the issuer has no specific plans for the proceeds, it should discuss the principal reasons for the offering. 3. Where the offer is not fully underwritten on a firm
dispose Land and Buildings, by the total highest transaction value of 40.27 percent based on the value of consideration criteria. It is considered as a Class 2 transaction under the Notification on
which was a low profit-margin generating project. The Company took over it as a complete-built project when revenue was ready to be recognized, therefore, risk-free was involved on construction processes
asset to generate revenue and it is only a place to run a business, which the Company can change to other locations. Also, the Company’s main income-generating asset is personnel. The Company is currently
of 4 stars hotel at Sukhumvit soi 19, it is currently on designing stage and choosing hotel brand operator. The Company targets to own 1,000 room keys within 2023. For the F&B business, in 2019, the
other accounts receivable decreased THB 26.39 million or 1.45%. The balance of trade accounts receivable which was overdue by over 6 months was THB 478.46 million, it has been collected in total of THB
% from the same period last year. Due to the closure of IT Junction branches in branches where the performance did not meet the target and the rental reduction policy for client in property rental business