income of the Observation Deck on the MahaNakhon Project. The valuation relies on assumptions and forecasted numbers. PACE then used the valuation results to recognize an investment amount of Baht 8,231
, conducted by an independent financial advisor, regarding the estimation of income of the Observation Deck on the MahaNakhon Project. The valuation relies on assumptions and forecasted numbers. PACE then used
details are as follows: (a) Disposition of the assets in PP1 and PP3 included: land, hotel, Observation Deck, Retail Cube Building, sculptures and artworks, the licenses and contracts which are relevant to
include: land, hotel, Observation Deck, Retail Cube Building, sculptures and painting, the licenses and contract which are relevant to the operation of PP1 (Hotel) and PP3 (Observation Deck and Retail Cube
; decreasing 33% as compared to the end of the year 2017 of 32,423 million Baht. This was mainly due to the transfer of residences totaling of 3,214 million Baht, and disposition of the hotel, Observation Deck
include: land, hotel, Observation Deck, Retail Cube Building, sculptures and artworks, the licenses and contracts which are relevant to the operation of PP1 (Hotel) and PP3 (Observation Deck and Retail Cube
Baht or 33% as compared to the year 2017. This was due to transfer of the Ritz-Carlton residences in a total of 2,791 million Baht and disposition of assets includes hotel, observation deck and retail
hotel, observation deck and retail cube building to King Power Mahanakhon Company Limited. As a result, the Company purchased shares in the subsidiaries, Pace Project One Company Limited and Pace Project
, Observation Deck, and MahaNakhon Cube which effected to the Company losses control in Pace Project One Co.,Ltd and Pace Project Three Co.,Ltd. Accordingly, the Company engaged independent financial advisory
, Observation Deck, and MahaNakhon Cube which effected to the Company losses control in Pace Project One Co., Ltd and Pace Project Three Co., Ltd. Accordingly, the Company engaged independent financial advisory