operational systems to scale up franchise operations, while the franchise opportunities are expected to be ready by end of May 2020. Q1/2020 Management Highlights Cost-saving initiatives have been carried out

Company has total cumulative, non-equity stake-adjusted, presales backlog of THB 17,981mn to be transferred by 2021. During the year, the Sansiri JV transferred units of the ready-to-move-in The Line

to net realizable value based on inventory aging; and higher employee benefit obligations under severance pay of Baht 20 million for employees serving 20 years or more from 300 to 400 days, according

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

, an intermediary shall comply with the outsourcing rules in this Chapter. In this regard, the outsourcing shall be based on objective reasons and shall not have a result as if the intermediary does not

intermediary shall comply with the outsourcing rules in this Chapter. In this regard, the outsourcing shall be based on objective reasons and shall not have a result as if the intermediary does not operate the

products that the company outsourced production was 11.9%, an increase from 8.8%, mainly due to ready-to-drink coffee, contributed approximately 75% of this product group, experiencing higher costs in

are ready for transfer. Pre-sales of condominium projects launched in 2017 continues to increase. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use development

services in mid-March 2020 and adjusted its strategy for delivery service in late April. Ready-to-cook food distribution business under “Khong Thai” brand has been temporarily ceased. 2Q2020 and 6M2020

situation of each country. • Accelerated the renovation of properties and prepared the post COVID-19 operations for the re-opening of the hotels. Based on the current situation that the number of new infected