on Connected Transaction: Sub-leasing of Land, Leasing of Building and Purchasing of Related Property of the CentralFestival Phuket Project The Board of Directors of Central Pattana Public Company

each group of companies, an affiliate acting as the central company is the one whichsets out policies and business directions for all affiliates and associated companies within that group of companies

Freight Service Revenues from Sea Freight Services operated by the subsidiary (AIL), in 2018 and 2017 were 54.11 million Baht and 32.92 million Baht, respectively. This is due to continuously increasing in

Baht or 58.85%. The revenue in this segment was lower since the Company terminated contract with the both customers on May 2018, and September 2018 because they breached the agreements. 1.3 Sea Freight

COMPANY LIMITED CARABAO GROUP PUBLIC COMPANY LIMITED CASTLE PEAK HOLDINGS PUBLIC COMPANY LIMITED CAZ (THAILAND) PUBLIC COMPANY LIMITED CENTRAL PATTANA PUBLIC COMPANY LIMITED CENTRAL PLAZA HOTEL PUBLIC

the 3rd quarter of 2014. 4. Sea Freight Carrier Business In 3rd quarter of 2015 AIL has no income from Sea Freight service of transferring the Crude Palm Oil between AIPT-Chumphon and AIPT-Samut Sakhon

THB 3.55 million or 12.72%. 4. Revenues from sea freight carrier Revenues ratio from sea freight carrier business in the fiscal year 2014 and 2013 was 0.77% and 1.08% respectively. revenue decreased due

. Sea Freight Carrier Business In 3rd quarter of 2015 AIL has no income from Sea Freight service of transferring the Crude Palm Oil between AIPT-Chumphon and AIPT-Samut Sakhon, while there was revenuefor

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s revenues continues to grow primarily from strong rental business performance

providers, including import and export by both sea freight (Full and Less Container Loading) and by air freight, and domestic transportation SEL. SEL is one of the leader in air freight business in Singapore