Businesses 20 3.1 Sustainable Development and Corporate Governance 20 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK in 2017 and Outlook for the Next Three Years 24
Management’s Discussion and Analysis (MD&A) Page 3 of 15 Diversification into Mixed-use Development Projects In 1Q20, two new residential projects; ESCENT TOWN PHITSANULOK and NINYA KALLAPAPRUEK are launched as
efficiency as well as prepare upon re-opening. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 3 of 16 Diversification into Mixed-use Development Projects ESCENT TOWN
efficiency as well as prepare upon re-opening. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 3 of 15 Diversification into Mixed-use Development Projects ESCENT TOWN
• Acquiring Glow Energy Public Company Limited or GLOW as a significant step of GPSC On 20th June 2018, GPSC had signed the share purchase agreement with Engie Global Developments B.V. to purchase 69.11% shares
(MERALCO) pursuant to a 20 years power supply agreement which is extendable for up to an additional 5 years. The construction of the project has progressed 83.98% (The construction plan was 84.12%). The
closure of Dusit Thani Bangkok hotel to make way for the development of the new mixed-use project on 5 January 2019 (THB 225 million), an absence of THB 169 million gain on sale of investment in one of the
Agreement and the Shareholders Agreement; and the capital increase of the Subsidiary from THB 556,536,900 to THB 1,112,851,210 by issuing 53,360,768 ordinary shares and 2,270,663 preferred shares, having a
25-year Power Purchase Agreement (PPA) with the tariff of USD 6.5 cent per kWh. The project was able to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved. Move
estate development business, whether in the form of a company, trust, or any other form; “net exposure” means the net investment value, whether from direct or indirect investment in a financial instrument