companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared https://www.sec.or.th/EN/Pages
, during 2017, the Group has purchased land to support the business expansion on property development business (record as investment property). The Group took ownership of 12 condominiums valued at 18.67
(record as investment property). The Group took ownership of 12 condominiums valued at 18.67 Million Baht from a developer (on 10 October 2017). The Group negotiated with the contractor to waive the penalty
lower than condominiums Therefore considered as a risk diversification from increasing channels of income by the housing project of the company under the brand “Britannia” has received good feedback from
estate market is explored in order to diversify business risk and boost recurring income. Apart from developing residential condominiums, the Company also provides real estate services and property
industrial estate and commercial building. • Residential projects for sale and lease of commercial space include condominiums. • Business for rent and sale of commercial real estate (lands, warehouses
% Since the ownership transfer from most condominiums Less revenue recognition than 2019. Which is the main revenue from real estate sales Income from the sale of townhome amounts 15.55 Million Bath, which
year the company has other income which is the main item are the profit from sales of condominiums, country complexes and other assets totaled 9.02 million baht. 2. The cost of goods sold and services of
baht and reversal of allowance for doubtful accounts of investments, prepaid investment amount of 14.00 million baht, profit from sales of condominiums, Country Complexes and other assets totaling 8.95