combine above THB 8bn per year, the Company is launching 2 condominium projects in 4Q18, located in Soi Sathorn 12 and in Phrompong area near BTS station. Moreover, the Company has signed agreements to
February Entered into the third joint venture agreement with Tokyo Tatemono Asia Pte. Ltd. (“TTA”) to develop an ultra-luxury condominium project in soi Sukhumvit 38, near BTS station – Thonglor. The project
segment In the Third quarter performance of 2017, the Company and its subsidiaries’ revenues from sales of real estate increased and 9-month performance of 2017, the revenues from sales of real estate
includes (i) the entire business transfer of Unicorn Enterprise Company Limited (EBT of UE), a wholly-owned subsidiary of BTS Group Public Company Limited (BTS) to U City, (ii) the issuance of preferred
projects, the Lofts Ratchathewi, and an ultra-luxury condominium project in Soi Sukhumvit 38, near BTS station – Thonglor, which is the third joint venture project with Tokyo Tatemono Asia Pte. Ltd. (“TTA
UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV) Net debt to equity ratio as
transactions which includes (i) the entire business transfer of Unicorn Enterprise Company Limited (EBT of UE), a wholly-owned subsidiary of BTS Group Public Company Limited (BTS) to U City, (ii) the issuance of
purchase ordinary shares of the Company No. 3 (U-W3) (the “U-W3 Warrants”) at no cost, totaling Baht 2,172 million, to UE and (b) accepting the assignment of all of UE’s loan owed to BTS Group Holdings
Unicorn Enterprise Company Limited ( “UE” ) , a subsidiary in which BTS Group Holdings Public Company Limited (“BTSG”) holds 100 percent of its total shares where UE engages in business through holding
the 9-month period ended 30 September 2019 30 September 2018 Change Millions of THB % Millions of THB % Millions of THB % Revenue from sale of real estate 1,003.47 91.27% 1,501.95 96.98% (498.48) (33.19