payment of the past 5 years (if any); - REIT management fee, REIT manager fee, and fee and total expense of REIT of the previous accounting year, in this respect, there shall also be explanation on amount

received the Top Innovative Organization Award 2018, which was arranged by National Innovation Agency (Public Organization), The Stock Exchange of Thailand (SET), Market for Alternative Investment (MAI) and

- Translation - Page 1 of 6 CBG 042/2017 11 August 2017 Subject Management discussions and analysis for the 3-month and 6-month periods ending 30 June 2017 To President The Stock Exchange of Thailand

operating activities Net profit (Loss) for the period 1,228 Adjustments for Depreciation and amortization 943 Interest income (2) Finance costs 497 Unrealised loss (gain) on foreign exchange (594) Unrealized

approval from the Office of the Securities and Exchange Commission (SEC) and the conversion process of CPNRF into CPNREIT is expected to be completed by the end of 2017. Central Pattana Public Company

higher personnel expense of hotel and education business to support business expansion as well as the legal and financial advisory fees of the Mixed-use project, corporate restructuring project and other

or 86.7%, due mainly to an increase in share capital from the private placement in December 2017. LIQUIDITY AND CASH FLOW (THB mn) *After tax and net tax refund (THB 246mn) and interest expense (THB

- Translation - Page 1 of 7 CBG 019/2018 11 May 2018 Subject Management discussions and analysis for the 3-month period ending 31 March 2018 To President The Stock Exchange of Thailand We, Carabao

an increase in share capital from the private placement in December 2017 and retained earnings. LIQUIDITY AND CASH FLOW (THB mn) *After tax and net tax refund (THB 275mn) and interest expense (THB 83mn

. LIQUIDITY AND CASH FLOW (THB mn) *After tax and net tax refund (THB -153mn) and interest expense (THB -33mn) **Included translation adjustment of (THB 2.3mn) For the six months ended 30 September 2018, cash