Supervisory Board No. Tor Jor. 61/2561 Re: Offer for Sale of Debt Securities of Thai Government Agencies _________________ By virtue of Section 16/6 of the Securities and Exchange Act, B.E. 2535 (1992), as
. (approved by the Office of the SEC) Valuation for accounting purposes on December 20, 2018 Government Land Appraisal Price : 28,605,000.00 Baht or 500,000.00 Baht/rai Cost of Purchase Value : 11,600,770.70
government and state-enterprise securities. As of December 31, 2019, these amounted to Baht 354,975 million, accounting for 54.8 percent of total investments. The remaining net investments were foreign debt
since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time
amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound
for our operations due to the COVID-19 pandemic. We temporarily closed our stores in accordance to the government requirement in the second quarter. Going into this crisis, we had a well-developed
to the prior year. It was mainly increased from the customers in the Government and State enterprise sector, expanding the scope of services and customers in the Private sector have growth for both new
undertake the move the Company’s office in the future. 9. Source of Fund 30% is from the Company’s Working Capital, and 70% shall be the loan from the financial institutes. That means the Company shall get
investments were in government and state-enterprise securities. As of December 31, 2018, these amounted to Baht 314,541 million, accounting for 56.5 percent of total investments. The remaining net investments
. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross