re-zoning IT Junction rental space, rental rate discount and revenues for sale promotion support decline. The Company’s has changed its strategy to push more promotion and activity in the rental area

and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is

current total is 130,109 kiosks, increasing 9.2% YoY, and it slightly increased due to relocating kiosks scheme, which the kiosks are removed from the area that generate low income to the new area that can

CPN Retail Growth Leasehold REIT (CPNREIT). CPN currently manages 33 shopping malls with the net leasable area (NLA) of approximately 1.8 mn sqm. At the end of 2Q19 the average occupancy rate for CPN’s

both total transaction amount and the number of kiosks, covering all area nationwide. The Company’s key strategy focuses on managing the kiosk location and adding new services to the system including the

manages 33 shopping malls with the net leasable area (NLA) of approximately 1.8 mn sqm. At the end of 1Q19 the average occupancy rate for CPN’s domestic retail properties stood at 92%. Major Events in 1Q19

the 3-month period is 95.7 million baht decrease from the same period of the previous year 36.4% As a result of the reduction in the number of IT Junction branches that did not meet the target, the

Junction branches that could not achieve its target performance. In the past year, the Company closed a total of 5 branches. However, the Company has adjusted its operating strategies by increasing sales

juristic person), which holds 53% shares in CPN and 100% owns CDS. 3. Details and nature of transaction 1) CPN shall sublease land, an estimated total area of 4 rais, which is a location of Central

shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately 1.7 mn sqm., a YoY increase from