Thani Maldives hotel project with Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT). On 25 September 2019, the Company transferred all businesses, including the leasehold rights over
in relation to the Dusit Thani Maldives hotel project with Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT). On 25 September 2019, the Company transferred all businesses
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
and conditions stipulated under the Thai Revenue Code for the purpose of tax exemption for such transaction (the “Entire Business Transfer Transaction”). BTSG is a majority shareholder of the Company
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained
) 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
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
venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS
of Corporate Governance The Thai Institute of Directors Association (IOD) disclosed the result of 2019 corporate governance evaluation of Thai listed companies. LH Financial Group Public Company
management of that mutual fund; (c) Real estate management person; (d) Person, which is not state agency, holds shares in the same manner as following: 1. Person which holds shares of an advisor under (1) (i