Bangkok 23 Aug-Ananda Plc. Development (ANAN) notifies the problem "Ashton Asoke” is in progress. Submit a request for a new construction - waiting for the court to revive the case

Mr. Chanon Ruangkritya, Chief Executive Officer of Ananda Development Public Company Limited (ANAN), informed the progress of resolving Ashton Asoke project problems of Ananda MF Asia Asoke. limit that the approaches in progress are:

1. Apply for a new construction permit by purchasing or finding additional land. The company has discussed solutions with the Department of Public Works, Bangkok (Bangkok Public Works) in order to proceed in accordance with the Ministerial Regulation No. 33, which states that the land used for the location of extra-large buildings must have either side not long. Less than 12 meters next to the public road

Currently, the company has guidelines for acquiring land. It has considered both buying or acquiring land and/or obtaining legal rights in land. It is expected that the conclusion of the search for new land will be concluded as soon as possible.

and after discussion The company has evaluated the operational process. This includes the period of time to fix/ request a new building construction notice. The Company will submit the Environmental Impact Assessment (EIA) report to the Office of Natural Resources and Environmental Policy and Planning (ONEP) for consideration. Amendment This will take approximately 2 months.

When the complete EIA report has been released The company will apply for a building construction permit under section 39 bis, which FPO will take approximately 14 working days to consider. New entrances and exits according to the EIA report are expected to take approximately 3 months for NAO to inspect the construction of the project. And issuing a construction certificate It is expected that it will take about 14 working days to consider issuing a construction certificate (Aor. 5).

The company estimates the duration of the operation. which includes corrections and/or request for a notification of new building construction and others, approximately 6 months from the date of finding a new land

2 Submitting a petition to the Administrative Court for a new trial and adjudication By virtue of Section 75 of the Act on Establishment of Administrative Courts and Administrative Court Procedure, B.E. So now the company We are considering the grounds for filing the petition. There are many cases, such as cases where there is a discrepancy in the fact-finding process. listening to evidence in court proceedings and in the future, the law used in the trial and adjudication has changed, etc.

for the aforementioned guidelines Actions must be taken within 90 days from the date of knowledge of such incidents. But not more than 5 years from the date of the judgment, which the company expects to submit a request to the Administrative Court within 90 days from the date of the judgment of the Administrative Court (July 27, 2023).

3. The company is in the process of coordinating with the original owner to request the return of the expropriated land from the Mass Rapid Transit Authority of Thailand (MRTA) because it was not used for the purpose of the expropriation. By virtue of the Land Expropriation Act, B.E. 2562, Section 53, and the Ministerial Regulation on Reclaiming Expropriated Land, B.E. 2564

4. The company will propose to government agencies to amend the Act related to expropriation. To expand the scope for government agencies to use the expropriated land under the objectives and can use the land for other purposes appropriately as well Which such action must be proposed to be amended by the MRTA through the Ministry of Transport and the Cabinet approved to submit matters to parliament for approval It is expected that it will take approximately 1 year from the date the above relevant government agencies drafted a proposed amendment to the law and submitted it through the NPO to the Department of Public Works and Town & Country Planning. ministry of interior to the cabinet

The company will propose to the government agencies to amend the Ministerial Regulation No. 33 to make it clear that land without any side is connected to a public road. But there is another piece of land that can be used as an entrance and exit for a fire truck of not less than 12 meters. That land can be used as a location for a high-rise building or an extra-large building. It is expected that it will take about 3 months to process from the date on which the relevant government agencies are drafted to propose amendments to the law.

5. Guidelines for helping with loan installments of co-owners who have obligations with financial institutions The company has already coordinated with many major financial institutions. Co-owners can apply for a special interest rate (Retention) to the branch of the financial institution requesting the loan. The result of consideration will be in accordance with the criteria and conditions of each financial institution.-Thai News Agency

Source: Thai News Agency