., Ltd. and Mr. Nirum Ngamchamnunrith (Mr. Nirum is a majority shareholder of Mahachai Steel Center Co., Ltd.) (the “Mahachai Group”). The Company entered into a loan agreement dated February 17, 2014
. The company to borrow more money. as a result, the debt this year has increased. Company milestones in the second quarter of 2020 Purchase of additional ordinary shares in a subsidiary On May 5, 2020
the debt problem of the Company. The disposal of Land at Bueng Kham Proi will result that Modern Street will be able to lend money to the Company in order to increase liquidity of the Company. 7) Plan
, the business operation of subsidiary companies will be independent from that of the mother company. Subsidiary companies will also provide services to other companies in order to generate more income
, accounting for 50% of the value of the project. Apart from developing property projects, the Company also provides comprehensive real estate services and other services to other companies. It will generate
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
appraisal price. - Benefit : The Company will allocate the proceed from the land sale to repay the Company's loan to a financial institution and use it as working capital within the Company. This transaction
funds Raise a loan from financial institutions, the Company will use loan sources about 70% of the investment value in construction. 8. Expected Benefits 8.1 To generate revenue growth and the operating
closely with customers to prepare financial documents for housing loan packages. As a result, sales of residential units during the second quarter of this year increased by THB 221.6 million from THB 489.99