the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories
Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the
the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the disposal of assets, the Company has
comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog
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 51 residences of the Ritz
purchase of real estate, allow the purchaser and the seller to reach agreement in many ways on such issues on a voluntary basis to the satisfaction of both parties. The opinions of the Independent Financial
profit 2019 (16.76) Criteria used in the calculation of transaction value 1. NTA = Not used because the acquired asset is real estate 2. Net profit = Not used because the acquired asset is real estate 3
Properties REIT Company Limited, the Company’s subsidiary was approved by the Securities and Exchange Commission (SEC) to be the REIT Manager of Real Estate Investment Trust (“REIT Manager”) for five years
of last year’s disposal of subsidiaries owning land plots at Bangkrachao; (xi) a decrease in real estate projects under development of THB 620mn. 35,710 46,886 4,352 7,475 40,062 54,361 31 Dec 17 30