will also help improve the sales volume. In Q4/2019, the combined ownership transfer target of residential condominium and single house projects is 5,000 million THB. Performance in Q3/2019 and 2018
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
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
homebuyers, reduction of ownership transfer fee and mortgage registration fee to 0.01%, housing loan measures of the Government Housing Bank and financial support for down payment. Such measures gradually help
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
from sales of single house projects, it is similar to that of Q1/2020. The income from rental and service business increases 27.97% from the same quarter of the previous year. It is as a result of the
will be handed over and the ownership will be transferred in the latter half of 2018. As for single home projects, the Company has bought a piece of land and started developing “BAAN 365 RAMA III”, a
companies operate real estate business and provide full real estate services. Since 2017, the projects developed i.e. residential condominiums and single houses have been remodeled to serve the needs of all
., (2013). - Key dimensions: family involvement in ownership, management and governance. • Conflicts encompassing family-firms. - Distinction from other concentrated-ownership forms. 7 AGENCY PROBLEMS AND
registered share capital. Upon the completion of the transaction, the Company’s shareholding has been diluted from 33.98% to 21.88%, so the Company recognized gain due to the reduction in ownership interest. 4