assets appraised by two appraisers e.g. Bangkok Property Appraisal Co., Ltd. pursuant to its appraisal report on 15 May 2017 and Grand Asset Advisory Co., Ltd. pursuant to its appraisal report on 15 May
services of the 52%-owned NVD. The initiative to expand residential business to landed property took place in April 2015, whereby Singha Estate invested in Nirvana, a mid-sized housing development company
significant changes and developments: describe changes of person who has duties concerning REIT management e.g. change of REIT manager, trustee, or property manager; 2.3 REIT management structure: demonstrate
transfer of the entire business of UE, i. e. all of its assets and debts, on the entire business transfer date. UE engages in the property business through the holding of shares in other companies (Holding
recorded 2,579.1 Million Baht, increasing by 45.4% as compared to Q2 2016 of 1,773.3 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton
recorded 2,579.1 Million Baht, increasing by 45.4% as compared to Q2 2016 of 1,773.3 Million Baht. This was mainly due to the increasing revenue from property business, specifically The Ritz-Carlton
and Management of Property Funds for Solving Financial Institution Problems; 2 (2) Notification of the Capital Market Supervisory Board regarding Rules, Conditions and Procedures for Establishment and
and Management of Property Funds with respect to the property funds having the obligations under this Notification as a result of the offer for sale of investment units; (3) Notification of the Capital
following regulations: Clause 1 In this Notification: “REIT” means a real estate investment trust. “real estate” means an immovable property including leasehold interest of immovable property. “property fund
contracts in which each type of customers may invest or possess. Clause 8. In case the customer wishes to put his or her property into the custody of the derivatives fund manager, the derivatives fund manager