Bangkok, 2 October 2017 ? The SEC has ordered Pace Development Corporation Public Company Limited (PACE) to clarify the information regarding the company's joint venture agreement with three investors, which incurs an obligation for PACE to repurchase a certain amount of its preferred stocks from the counterparties. The clarification must inform whether there will be any effect on the company's liabilities or other obligations. PACE must also disclose the clarification through the Stock Exchange...
. Exemption related to the fund includes value added tax, special business tax and stamp duty incurring from transfer of property into the fund with transfer back agreement or re-transfer to governmental
increase of administrative expenses in year 2018 was due to one-time expenses incurring from legal & advisory fee for the acquisition of subsidiary’s remaining shares in 1Q’18. Earnings before interest
taken into account this extra expense, the administrative expenses will increase by 16% yoy. This increase was due to one-time expenses incurring from legal & advisory fee for the acquisition of
incurring higher expenditure concerning preparation for the pre-opening of Excellence Center in Early 2018. In addition, in 2017 the Company has benefited from its efficient excess liquidity management
without incurring additional costs for business activities permitted under their existing licenses. The consultation paper is available at: https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=1009 and the
share trading and from valuation of real estate with temporary price appreciation; ? Default risk: more discretion should be exercised when incurring debts, especially those for investment in
Don Mueang Branch incurring high cost compared to revenues. The company closed down the branch at the end of May. This will put an end to such high selling expense. Administrative Expenses (Admin.) Apr
of capital increase from the Initial Public Offering (IPO) in September,2017. Also, repay loans from financial institutions and no incurring interest expense in Q4/2017. Net Profits For the 1st quarter
Public Offering (IPO) in September,2017. Also, repay loans from financial institutions and no incurring interest expense in Q4/2017. Net Profits For the Year 2017, the net profit was in amounts of Baht