lower coupon rate, and partial utilization of short-term instruments from financial institutions. PERFORMANCE BY BUSINESS Rental Properties Business 2017 2018 Increase/(Decrease) THB mm THB mm THB mm
, Octo f the Extraor day, Novem wings Conve e for the lis ber 16, 2017 he EGM No.1 To consid of Shareh : The Boar General To Consi area.11-0 LP Holdin : .The Boa assets as Land of Ladprao - Translation of
each lease period. The leased price is 168 baht per square meter per month, which is appraised leased price by GPV Global Properties Valuation Co., Ltd. (an independent appraiser which is listed in the
associates increased by 24.8%, mainly from increase in revenue from sale of investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in
investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in normalized share of profit from investments in power associates. Such
, normalized total revenue and share of profit from investments in associates increased by 12.0%, mainly from increase in revenue from sale of investment properties resulting from the asset monetization to
properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting
. 4 / 4 • One subsidiary has already developed in investment asset of 76 rai at Bang Ka-di provincial area, thus, investment properties. • Closing restaurant business are result in declining in Property
re-zoning IT Junction rental space, rental rate discount and revenues for sale promotion support decline. The Company’s has changed its strategy to push more promotion and activity in the rental area
%. This is because the Company can recognize revenues from The Jas Urban Srinakarin Community Mall Project whole year in 2017. Moreover, the Company received revenues from start new business in 2017, Food