), Lamphun is under the management of a subsidiary company Divide the area into 70% industrial area, 10% commercial area and utility area (Green area) 20%, all of which are under development and construction
under the management of a subsidiary company Divide the area into 70% industrial area, 10% commercial area and utility area (Green area) 20%, all of which are under development and construction. The
investment. Currently, the Company has four property development projects: World Industrial Estate Project (Lamphun), Lamphun Province is under a subsidiary company Divide the area into 70% industrial area
investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
backlog was THB 16,745mn, decreasing by 6.9% as compared to the end of 2018 of THB 17,981mn. Although the JVs had sturdy sales in The Line Wongsawang, The Line Ratchathewi and The Line Phahonyothin Park
healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.10 times. 2018 Outlook Maintain 2018 forecast, yet adjust down new hotels opening • Despite Boat
agree to divide payment of the acquisition price as follows: 1) Deposit in the amount of THB 20,000,000 (Twenty Million Baht), which has been duly paid to the Seller as part of the acquisition price; 2
liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final
Million or equivalent to approximately 9.5% Valuation from Comparable Method : THB 101 – 112 Million 5.2 Payment Method The Buyer and the Seller agree to divide payment of the acquisition price as follows
and small business loan. Although, the non-performing loans affected profitability, but the Thai commercial banking system still remained sturdy. Credit Rating Land and Houses Bank Public Company