Re: Preparation and Disclosure of Financial Statements of Derivatives Exchange and Derivatives Clearing House
. 3. The remaining 20% derived from ready-to-move-in projects completed prior to 2018. 1.1 Residential condominium 6,181.64 8,614.54 (28.24%) Proportion (%) 70.91% 84.56% (13.65%) 1.2 Single house
volume derives from single house projects i.e. 260 million THB from complete and ready-to-move-in projects and 340 million THB from complete projects ready to be handed over in Q1/2021. 2.2 The backlog of
. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential
: Acquisition of a formerly managed hotel. VHE Bratislava Real Estate s.r.o., a wholly owned subsidiary of Vienna House, entered into a Real Estate Purchase Agreement with Hotel AVION s.r.o. (a non-related party
revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
target groups of customer. In 2017, the Company started developing premium single house projects. The residential property price in the market at the time had a tendency to rise, especially those located
expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
significantly by 139.5% YoY to THB 1,791mn, predominantly due to the full quarter consolidation of the acquired hotel business in Europe (Vienna House), the consolidation of assets from the Entire Business