, an increase of 5.2% YoY. 3Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) On 28 August 2017, the Unitholders
during end of the year. With the two projects that MK had on hand, MK Group could increase the proportion of rent and service continuously. (3) Golf and property management business Revenue from golf and
the same period of last year. MK was able to maintain its gross margin at the same level as the previous year. (3) Golf Course and Property Management Business Due to the COVID-19 pandemic, MK
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