Associates Ltd., Mr. Nuttawut Phowborom and Mrs. Sangduan Ewbamrung have no relationship or behavior in the nature of Acting in Concert according to the Notification of Capital Market Supervisory Board TorChor

(Asia) Limited Buyer : Pace Development Corporation Public Company Limited Relationship with the Company : Sellers have no relationship with the Company or (1) directors and management (2) persons with

investments made in the higher-margins HVA businesses, integration into key feedstocks in balanced markets and timely investments in key geographies. These have resulted in a structural change in the earnings

the registered capital. Share Acquisition Transaction is expected to be completed by October 31, 2017. Based on calculation of the transaction size, the transactions have a maximum size in aggregate of

Subdistrict, Klongtoey District, Bangkok, 10110 Tel. 0 2204 2601 Fax. 0 2204 2616 Based on calculation of the transaction size, the transactions have a maximum size in aggregate of 35.66 percent according to

have increased - except for Hadyai. However, ARR for the Maldives market has decreased by 3.5% YoY as a result of the current intensely competitive hotels business in that market mainly due to the

to be issued to the Company. Based on calculation of the transaction size, the transactions have a maximum size in aggregate of 42.86 percent according to the calculation by the size of the total value

confidence that our major segments of Intergrated PET and Fibers are unique and have limited impact from the heightening trade wars. The continuing attention on plastic waste is helping the industry move

business. In 3Q18, CPN have made notable progresses in the following mixed-use development projects. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 4 of 15

center services. Hence, the information in the previous year have been adjusted for appropriate comparison. In 3Q19, CPN recorded revenue from food center services at THB 209 mn, an increase of 15.3% YoY