weakened from 1.1 percent in 2018 to 0.7 percent in 2019, largely due to a fall in energy prices, especially in the third quarter. Core inflation was 0.5 percent, down from 0.7 percent in 2018. In December

foreign company. “holding company” means a foreign company whose core business is holding shares of other companies and none of significant manufacturing, distribution or service. “Thai company” means a

% Non-Core Properties Occupancy Rate (%)No. of Projects Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 5 of 10 Financial Performance Total Revenues Revenues from rent

Comp t of Assets fo eholders No. Connected Tr y”) convened meeting, the estructuring i news and prin in the core b e the disposa any, as follow iary company hares of NU, (“BBB”) ( OW 26” Cha t of the

farming) ของแพลตฟอร์ม Decentralised Finance (DeFi) หรือโปรแกรม staking ของผู้ออกสินทรัพย์ดิจิทัลได้ง่ายขึ้น ▪ การแนะนำลูกค้าให้แก่ผู้ให้บริการ deposit taking & lending รายอื่น 4. ข้อยกเว้นในเรื่องการห้ามผู้

shopping mall business, which is CPN’s core business, continues to perform strongly, especially on a same-store basis that continues to grow in terms of revenue and operating profit, which is in-line with

Purchase Agreement. Benefits of entering into the transaction are as follows: 1. Improvement in financial liquidity to focus investments on its core business 2. Decreasing THB 620 million of debts in terms

7,579.9 8,197.2 -617.3 -7.5% Sales and service income 7,452.3 8,125.9 -673.5 -8.3% Gains on exchange rate 18.7 0.0 18.7 N/A Other income 108.9 71.4 37.5 52.6% Cost of sales and services 6,744.6 7,099.7

highest bidder. In such case, the disposal of assets to the connected person of the Company shall be considered as an entering into of a connected transaction relating to assets or service, pursuant to the

income, proven record of managing high quality shopping centers, reliable cash flows from contract-based rental and service income, and conservative financial policy. Diversification into Mixed-use