venture agreement with Tokyo Tatemono Asia Pte. Ltd. to jointly develop a luxury condominium project in Thonglor area, Soi Sukhumvit 38. Management outlook and future projects Despite the bearish outlook
February Entered into the third joint venture agreement with Tokyo Tatemono Asia Pte. Ltd. (“TTA”) to develop an ultra-luxury condominium project in soi Sukhumvit 38, near BTS station – Thonglor. The project
did not affect the Company’s managements and operations. 2) Announcement of joint venture agreement with Tokyo Tatemono Asia Pte Ltd. (“Tokyo Tatemono”)to jointly develop 2 luxury condominium projects
the Company’s managements and operations. 2) Announcement of JV agreements with Tokyo Tatemono Asia Pte Ltd. (“Tokyo Tatemono”) to jointly develop 2 luxury condominium projects in Sathorn 12 and in
develop OCC project, the grade A office building for rent in prime CBD on Ploenchit road. June First-time revealed information of project “The Lofts Ratchathewi”. The official launch will be in September
cost of water treatment system installation is around 40-60 baht per waste water ton. This would affect the cost structure and the investment return of the project. (3) Analysis on movement of the
transaction has been completed), therefore, the movement of financial position was primarily attributed to aforementioned acquisition. ASSETS ASSETS BREAKDOWN 31 DECEMBER 2016 30 JUNE 2017 (THB mn) % out of
year. Financial Cost Most of financial cost resulted from loan interest on loans borrowed to develop projects, which are capitalized as development costs for the projects until construction completion
its plan for the project at soi Sukhumvit 19 from developing a condominium to develop a 4 stars hotel. The current progress is on design stage and choosing hotel brand operator. The Company targets to