for high end customers with various benefits consists of financial consulting and planning services with effective management to achieve high returns. This service also provides transaction fee discount

with various benefits consists of financial consulting and planning services with effective management to achieve high returns. This service also provides the discount of transaction fee and various

financial consulting and planning services with effective management to achieve high returns. This service also provides the discount of transaction fee and various privileges. 4.5 Currency Exchange Service

334.30 300.90 Premium (Discount) on Share Capital 743.49 743.49 561.2 167.08 Other Surplus (Deficit) - - - - Retained Earnings (Deficit) 370.91 318.09 197.71 240.14 Treasury Stock - - - - Shareholders

import and exemption of corporate income tax according to the time period and conditions of such project 2) The Company is confident that Carnival Magic Project will yield attractive returns for the

exemption of corporate income tax according to the time period and conditions of such project 2) The Company is confident that Carnival Magic Project will yield attractive returns for the Company 3) The

revenue and generate a sustain long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, has been started phase by phase since 4Q16

4Q18. Asset Enhancement Initiatives to increase the value of existing shopping malls, customers, tenants and societies, and create long-term returns. In 2018, CPN progressed with the following asset

long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. Renovation programs of existing malls are under way and expects to be completed in 2019 comprising a

enhancement programs to increase the value of existing shopping malls, customers, tenants and societies, and create long-term returns. In 2017, CPN engaged in the following asset enhancement initiatives