generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently manages 32

the business plan. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential

generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 33 shopping malls with the net leasable area (NLA) of approximately 1.7 mn sqm

malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient

reliance on sales in China. At present, the Company’s products are well- received in the Philippines but still could not make up for the slowdown in sales in China. The Company is committed to expanding

/CDD แทนตน ยกเวน เฉพาะในสวนที่เปนการพบลูกคา (face-to-face meeting) เมื่อลูกคามีการเปด บัญชีหรือเร่ิมทําธุรกรรม แตจะตองจดัใหมีการดําเนนิการตามเงื่อนไขที่กําหนด (third party reliance) • การทํา on

its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up for the slowdown in sales

customer base and diversify its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up

companies is part of the conglomerate or a business group of a major shareholder and by nature of the core business the Company may need to form a relationship, reliance or competition against other

flexibility to access. 3. CAZ will be more strengthened and increase its competitive advantage. 4. To be listed on the mai will increase liquidity and value of CAZ ordinary share. 8. Business Reliance