of the independent appraiser causing the net value expected to be received to decrease. So the company plans to sell the remaining projects within 2025, However it depend on economic conditions and
estate investment trust), can invest in types of infrastructure projects providing benefits or services to the public at large. It can invest in onshore and offshore infrastructure projects either by
projects In 2Q19, the world’s economy was impacted by several significant events. In May, US-China trade war escalated again when the US announced plans to further raise import tariffs of Chinese goods
their visit as well as unit inspection of our residential projects. Nonetheless, no significant impact from this pandemic on the Company’s commercial business was identified during 1Q2020. Singha Estate
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
Development CPN recognized the potential of our mixed-use development of shopping mall complex projects. The company plans to utilize our existing vacant plots of land adjacent to existing shopping malls to add
Waterworks Authority, for 2 projects, with the capability of producing 31,200 cubic meters per day, and all together 113.99 cubic meters. The above-mentioned investment will be carried out by Eureka Design
that selling price was less than THB 3.00 million. MK housing projects were in this price range. All of these factors caused the Company to maintain sales of real estate business closed to the same level
generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently manages 32