of Bt998.2 million, while the long-term loans and financial lease payment amounted to Bt126.3 million 2.1.2 Property, leasehold improvement and equipment as of March 31, 2019 was of Bt13,270. 6 million

12 การแปลงสภาพ CPNRF เป็น REIT_E - Translation - No. 051/2017/040 21 July 2017 Subject: Information Memorandum regarding the Conversion of CPN Retail Growth Leasehold Property Fund into CPN Retail

2017 Change MB % MB % MB % Cash and cash equivalents 844 6.5% 796 4.8% -48 -5.7% Trade and other receivables 355 2.7% 279 1.7% -76 -21.4% Inventories 1,149 8.8% 2,006 12.2% 857 74.6% Property Development

of Baht 76.29 million in Cash and Cash Equivalents as of 31 December 2018 versus Baht 70.16 million as of 31 December 2017. Short-term investments increased to Baht 294.11 million from Baht 211.85

cash paid-in for increase in share capital of subsidiary in China during September and October 2017. In addition, property, plant and equipment increased by Baht 67.89 million which were new machines

of short-term and long-term space. It also includes short and long- term rental services. Products are divided into 7 groups.  Purchase and sale of land for commercial purposes, large, medium and

of short-term and long-term space. It also includes short and long- term rental services. The Company would like to clarify for the case of difference between company’s operating results for the 2nd

-term and long-term space. It also includes short and long-term rental services. Currently, the Company has four property development projects:  World Industrial Estate Project (Lamphun), Lamphun is

% Trade and other receivables 56.0 2.3% 62.8 2.6% 6.8 12.2% Property development costs 156.7 6.5 186.0 7.6% 29.3 18.7% Other current asset 26.7 1.1% 33.7 1.4% 7.0 26.2% Total current asset 260.7 10.8% 305.9

February 28,2020 Re: Clarification of the operating results of company and its subsidiaries for the year ended as at December 31, 2019 To: President The Stock Exchange of Thailand K.C. Property