AI ENERGY PUBLIC COMPANY LIMITED AIKCHOL HOSPITAL PUBLIC COMPANY LIMITED AIM COMMERCIAL GROWTH FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST AIM INDUSTRIAL GROWTH FREEHOLD AND LEASEHOLD REAL
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
subsidiaries had the total assets decreased in year 2015 by Baht 515.15 Million or 25.01 percent, due to the Company and its subsidiaries mainly had the costs of sales for real estate development projects
was 72.5 percent for Q1/2018. (2) Real Estate Business Income For Q1/2018, the company had revenue, from real estate business, of 7.7 million baht, decreased 4.6 million baht or 37.3 percent compared
in Q3/2017. The company will be able to provide full waste treatment services to customers when these two projects are complete. Real estate business is still affected from the slowdown of the market
both marketing and investment plan, a construction of the new pre-treatment factory is expected to begin early 2018 and the construction is expected to be complete in 6 months. Real estate business in Q3
Company also has a plan to grant long-term lease of such asset to S Prime Growth Leasehold Real Estate Investment Trust (the “REIT”) However, the lease of Metropolis Office Building will be completed under
. Development Public Co., Ltd. and subsidiary companies are real estate developers and providers of comprehensive real estate services. The corporate group comprises the Company and four subsidiary companies
Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the