Microsoft PowerPoint - KnightorMach_2017 White Knights or Machiavellians? Understanding the motivation for reverse takeovers in Singapore and Thailand Pantisa Pavabutr, Ph.D. SEC Working Paper Forum
investment properties, reverse effective interest rate on loan, professional fees, land transfer fees and sales & marketing expenses for the launch of new residential projects Revenue from sales of house and
expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the first quarter 2020, the administrative expenses at Baht 24.94 million, increased Baht 1.85
Singha Complex, 39-storey condominium with 319 units and value at THB 4,347m, began ownership transfer in September 2019. Amid sluggish in property market, by far, both sales and transfer activity have
transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
from the policy. Nevertheless, The Esse at Singha Complex will start hand over units by 3Q19 while the Company is certain that transfer value would be as expected. On 10 June 2019, S Oasis, a 36-storeys
significantly by 13.4% YoY to THB 1,783mn, predominantly due to higher operating revenue from the hotel business in Europe and from acquired assets under the Entire Business Transfer of Unicorn Enterprises
investment properties, reverse effective interest rate on loan, professional fees, land transfer fees and sales & marketing expenses for the launch of new residential projects THB m % THB m % Revenue from
Change of Details Concerning the Entire Business Transfer of Unicorn Enterprise Company Limited, Capital Increase, Issuance and Allocation of U-W3 and U-W4 Warrants, and Issuance and Offering of Newly
following transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd