long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. Renovation programs of existing malls are under way and expects to be completed in 2019 comprising a

CentralPlaza Mahachai In 2017, the Thai economy continues to expand with the GDP growth of 3.9% compared to 3.2% in 2016. Factors that drive the economy include 1) Growth in exports at 9.9% from the previous

Company’s competitiveness and to expand the development of the project together with increasing of market share for the company in order to achieve its business goals and this will reduce risk of investing in

develop condominiums together will ultimately enhance the Company’s competitiveness and to expand the development of the project together with increasing of market share for the company in order to achieve

Company holds 100 percent of its shares, after the increase in the registered capital of Origin Grand from the existing registered capital of THB 1,000,000 to THB 1,900,000 is completed. Subsequently, after

Company is equivalent to THB 784,968,760 divided into 784,968,760 ordinary shares at the par value of THB 1 per share. As of the Entries Business Transfer, the Company could expand and strengthen its

revenue and generate a sustain long-term returns. In 2019, the Company progressed with the following asset enhancement initiatives. Renovation programs of existing malls which have been completed in 2019

is completed. Subsequently, after the capital increase, the Company shall dispose 90,000 preference shares, with the par value of THB 10 per share, equivalent to 47.37 percent of the total shares in

name a few. Preparations for the renovations are underway and will be progressively completed in 2019. • Minor renovation at 2 shopping malls namely 1.) CentralFestival Pattaya Beach and 2.) CentralPlaza

Company’s disposal of preference shares of Origin Grand Co., Ltd. (“Origin Grand”) (after Origin Grand completed the increase of its registered capital from 1,000,000 Baht to 1,900,000 Baht), amounting to