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
with Sansiri 31 March 2020: The Company entered into transaction to purchase and sell ordinary shares of joint ventures between the Company and Sansiri as follows; MANAGEMENT DISCUSSION & ANALYSIS 1Q
June 2018: Four additional Projects for Sansiri JV. The Company acquired 50% of the total ordinary shares in 4 subsidiaries of Sansiri Public Company Limited (Sansiri) at a total price of THB 75.5mn. As
new 20-year operating lease contract for a 607-key hotel under the newly launched R.evo brand located in Munich, Germany. 22 September 2018: Sansiri JV launches ‘THE BASE Saphanmai’ project for presales
: PRINSIRI PUBLIC COMPANY LIMITED SIRI: SANSIRI PUBLIC COMPANY LIMITED Reset NAM SENG INSURANCE PUBLIC COMPANY LIMITED Sustainability Development Ranking CG Score 1/ CG Score AGM Level 2/ AGM Score Thai-CAC
related to Leases (TFRS16). Reported share of loss from associates/JVs was THB 430mn, compared with share of gain THB 284mn reported last year, comprised of (i) THB 371mn share of loss from Sansiri JV and
for 14 condominium projects jointly developped with Sansiri Public Company Limited, in the amount of Baht 13,5000 million approximately, and for other joint venture projects in the future in the amount
Percentages 16 Ordinary shares of BTS Sansiri Holding One Limited Land owner and property development for sale 100.00 500,000 100.00 50.00 17 Ordinary shares of BTS Sansiri Holding Two Limited Land owner and
the past year, which required additional debt financing, leading to higher interest expense. Reported share of loss from associates/JVs was THB 23mn, largely due to a share of loss THB 30mn from Sansiri
share of profit from associates/JVs was THB 284mn, largely due to a share of profit THB 282mn from Sansiri JVs and THB 17mn from UBM JV. MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL