and registered with the Office, whose main objective is to promote and develop securities businesses in the category of investment management; “Customer” means any person who authorizes a management
been approved by and registered with the Office, whose main objective is to promote and develop securities businesses in the category of investment management; “Customer” means any person who authorizes
the Office, whose main objective is to promote and develop securities businesses in the category of investment management; “Customer” means any person who authorizes a management company to manage a
develop a new resort on Deira island, Dubai under Vienna House’s brand. The expected total value of the project is up to THB 5,000mn. Should the project proceed to a stage where a binding agreement is to be
. Moreover, operators of modern construction material retail stores are still increasing the number of branches and group of project customers have continued to develop new residential projects.
value of the projects after deducting the value recognized of over than 20 billion Baht. The Company is aiming to sell and develop the projects as planned in the next 1 – 2 year later. In addition, the
the land to develop projects. 6. Decrease in short-term loan to related parties of THB 114.8 mm, because of having loan repayment from the associates in power business. 7. Decrease in investment
continued to develop new residential projects.
venture was renamed to Ratchada Alliance; which U City still holds 50% of the ordinary shares. The purpose of this JV is to invest and develop real estate projects for sale. MANAGEMENT DISCUSSION & ANALYSIS
interest borrowed to develop projects, which are capitalized as development costs for respective projects till construction completion. Thereafter, such interest costs will be recorded as finance costs in