Mr. Ekasitvekin, Deputy Governor, Property Management Business Group State Railway of Thailand (SRTIt revealed that yesterday (18 Dec), the State Railway was awarded the payment for the use of the shopping center in the Phahonyothin Triangle area for the year 2020 between 19 December 2020 – 18 December. 2021 from the company CentralInter Pattana Co., Ltd. is 1,165,058,000 baht, resulting in the current train Received compensation and benefits during the years 2008-2020 in total 10,932,765,000 baht
For this payment due to the right to use the shopping center in the Phahonyothin Triangle area between the State Railway of Thailand and Central Interpattana Company Limited, the agreement is valid for 20 years from December 19, 2008? December 18, 2028 for 47.22 rai of which This year is the 13th year of payment of compensation for utilizing space. By the total return over the contract period Amount 21,298,833,000 baht
Due to pay benefits at the shopping center in Phahonyothin Triangle area by December 19 of every year. It has to be paid to the State Railway in total 20 installments throughout the contract period. For the following year, the amount that will be paid for using the shopping center in Phaholyothin Triangle area Between 19 December 2021 – 18 December 2022 will have the total amount. 1,234,961,000 Baht
In addition, if the total income of the shopping center Calculated according to the Company’s accounting period for a total of every 5 years, higher than the estimated revenue of the shopping center reported to the Railway, Central Inter Pattana Company Limited has to pay compensation to the Railway. In addition, in the form of Revenue Sharing only the portion that exceeds the estimated revenue. Before deducting any expenses at the rate of 5% using the revenue estimate from the railway advisor Compare with the income of the company Central Inter Pattana Co., Ltd.
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