company still managed to maintain the gross profit margin at 39.9% and started to realize the profit from 2 new completed joint venture condominium projects (Joint Venture) with Nomura Real Estate
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
Date). The payment date was on 28 May 2019. 2) 28 May 2019, the Company signed joint venture agreement with Mitsubishi Estate Asia (full name - MEA Commercial Holding PTE Ltd.) from Japan, to jointly
December 2018 before retrospectively adjust was THB 14,329.7mn and after the retrospectively adjust was THB 14,376.4mn, an increase of THB 46.7mn. 2) the total shareholders’ equity as of 31 December 2018
venture which can be summarized as follows: Purpose Funds Usage (as per information in disclosure form) Estimated Amount (Million Baht) As per declaration in disclosure form) Equalizing Funds 1. Repayment
the Company had reduced the registered capital by decreasing the registered capital of the other joint venture. As a result, the joint venture agreement is terminated and the company is a major
operate. For the progress of the joint venture company, the Genco Otani Co.,Ltd has already signed an agreement for constructing the new pretreatment plant and ordered the machines and equipment from the
661 6664-5 www.indoramaventures.com Ref.No.IVL001/10/2020 26th October 2020 President The Stock Exchange of Thailand Subject: Entering into a new Joint Venture Agreement with Toyobo Co., Ltd in Thailand
Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in
join venture agreement project and claim damages from two former directors. 4.3.2 Reverses and Loss from litigation at Baht 16.56 million, because of Black (Undecided) case no.1008/2547 On January 27