rate and Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 10 of 15 3.) higher administrative expense upon business expansion. Hence, CPN is determined to exercise
new loan for business expansion to generate new revenue stream. CPN continues to exercise effective cost management and according to the changing business environment. Central Pattana Public Company
exercise effective cost management and according to the changing business environment. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 11 of 18 Weighted average
has received total proceeds from the exercise of VGI-W1 warrants of THB 8,618mn1, or around 72% of maximum proceeds. The cash received was utilised for the acquisition of Kerry, while the remaining
writing to exercise his/her right to purchase the assets based on the remaining debt amount. If the lessee does not exercise his/her right, the lessor shall then inform the guarantor in writing to exercise
capital from 135,000,000 Baht to 134,476,723.50 Baht by cancelling 1,046,553 unissued ordinary shares at the par value of Baht 0.50 each, to reserve for the exercise of warrants No.1 (DIMET-W1) on the
management to negotiate and exercise the option to sell the remaining shares in SBITO, in which the approval to exercise such option is subject to the completion of the condition specified in the SPA stating
conditions stated therein. The proposed sell-down of the Units is strictly a f inancing exercise to fund, amongst other things, working capital needs and to pay the Company’s indebtedness and liabilit ies
stated therein. The sale price was determined through a book building process. The proposed sell-down of the Units is strictly a financing exercise to fund, amongst other things, working capital needs and