started providing community management services to other real estate developers in order to generate extra income and expand the income base of the Company. The gross income of the Company and subsidiary
to customers as targeted by transferring more than half of the total units in the project. With the success of the development of real estate for sale in the past year, the Company could make a net
: Acquisition of a formerly managed hotel. VHE Bratislava Real Estate s.r.o., a wholly owned subsidiary of Vienna House, entered into a Real Estate Purchase Agreement with Hotel AVION s.r.o. (a non-related party
loan 22,632 9.1 21,663 9.1 4.5 Commercial Lending 63,469 25.6 60,899 25.6 4.2 Real Estate Development loan 34,492 13.9 31,591 13.3 9.2 SMEs loan 28,977 11.7 29,308 12.3 (1.1) Corporate Lending 26,349
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
in its scheme the actual real estate to be acquired pursuant to the Notification of the Office governing rules, conditions and procedures for establishment and management of property funds. (UNOFFICIAL
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
of the economy and the real estate market in Thailand, our company may have difficulty in managing NPLs and selling NPAs. 2.2 The company may face competition in sourcing NPLs and NPAs from competitors
, primarily due to the decrease in sales which is consistent with real estate market downturns and ( ii) The Company’s cash collected from the installment sales decreased from Baht 1,229.1 million for the years