theirs. In the case of REIT, a subsidiary means a company in which REIT invests indirectly through shareholding and which holds ownership of the invested assets. In addition, REIT must hold at least 99
assumptions used in calculating the fair value of the mining property rights over the two Indonesian mines. Moreover, no information was available with regard to the examination of the legal ownership of those
Asia Industry Company Limited (“Subsidiary Company”) in order to do legal registration of transferring the ownership of 87 machines no. 41-318-306-0197 to 0286, located at 88 Rama II Road (Thonburi
ownership of 87 machines no. 41-318- 306-0197 to 0286, located at 88 Rama II Road (Thonburi – Paktor) Moo 2 Kalong Sub-district, Muang Samut Sakhon District, Samut Sakhon which is the property of Rich Asia
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
a subsidiary company together with 4 plots of the Company’s land for Baht 166.54 million. In March 2017, the Group had transferred the ownership of the land to the purchaser since the Group has
of the Company’s land for Baht 166.54 million. In March 2017, the Group had transferred the ownership of the land to the purchaser since the Group has already received the payments from the purchaser
of the Company’s land for Baht 166.54 million. In March 2017, the Group had transferred the ownership of the land to the purchaser since the Group has already received the payments from the purchaser
risks and rewards flowing from an operation. Typically, the share of economic risks and rewards in an operation is aligned with the company’s percentage ownership of that operation, and equity share will
the delay in ownership transfer in a certain number of our customers and lockdown policy implemented in various countries causing difficulty for real estate foreign buyers to proceed the ownership