performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
. II) The rights and equitable treatment of shareholders and key ownership functions; The chapter identifies basic shareholder rights, including the right to information and participation through the
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and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been
and international economic situation, political situation, household debts as well as demand-supply imbalance. In Q2/2019, the LTV (Loan to Value) measures are enforced. Business operators thus need to
will be handed over and the ownership will be transferred in the latter half of 2018. As for single home projects, the Company has bought a piece of land and started developing “BAAN 365 RAMA III”, a
property ownership transfer as well as more newly launched projects which subsequently increase the selling and administrative expenses from continuously business expansion. Financial costs For the three
agreement. WHART Trust shall be responsible for fee and expense for ownership transfer, lease registration fee, mortgage registration fee and value added tax as well as stamp duty to be posted on the lease