outcomes. The company provided the policy regarding investments in the fund that puts priority to environment, society and governance in order to bring the capital gains obtained from investments to be used
than that specified in accordance with the rules in the Notification of the Capital Market Supervisory Board concerning Issuance and Offer for Sale of Units of Real Estate Investment Trust or the
, “Management Report”. B prudent consideration on factors in line with uncertainties stemming from the continued economic slowdown. At the end of 2019, our robust capital position was sufficient to cushion
investment in real estate project relating to hotels and resorts is considered as an acquisition of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/ 2551 re: 1
investments and loans. Meanwhile, NPL to total loans stood at 3.53 percent, while coverage ratio was equal to 153.58 percent. At the same time, capital adequacy ratio (CAR) of KASIKORNBANK FINANCIAL
investment properties increased by 45%, compared to the same period of last year. Because, on 6 November 2015, the Company sold assets to WHA Business Complex Freehold and Leasehold Real Estate Investment
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
% as well as the rental and service income of real estate development decreased by 8.5%. Overall Performance of the Company was affected from the business loan, its subsidiary which required the