CPN’s operating results despite the impact on its revenue from rent and services from the major renovation at CentralWorld, the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold
business, featuring both house brand – separate by Apparel under brand Inco, Cheval, Sleep Mate, ETC brand, Non- Apparel under brand Cherish, Prim, Rollica, Cushy, etc., and other brand products. The Company
Singha Complex, 39-storey condominium with 319 units and value at THB 4,347m, began ownership transfer in September 2019. Amid sluggish in property market, by far, both sales and transfer activity have
transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
hotels under the (i) arcona brand, (ii) arcona Living brand, and (iii) Steigenberger brand as well as 2 new hotels which will operate in 2020 and 2022. 4 June 2019 VHG II paid the share purchase price in
Baht according to the consolidated financial statements. The Company could return to having net profit due to be able to transfer the condominium units under the Newera Condominium project as targeted in
Australia, and one of top 3 developer having highest market share in residential industry, also gained the most popularity in condominium brand in Japan, will ultimately enhance the Company’s competitiveness
sales of real estate 5,612.6 84.3 5,826.2 85.8 213.6 3.8 Revenues from project management 603.7 9.1 422.7 6.2 (181.0) (30.0) Dividend income - - 0.3 0.0 0.3 100.0 Gain from transfer of right for land
food which famous and being accepted from people around the world. The Company has an expansion plan to open hotel under brand “Hotel Kitch” in major tourist cities in Thailand soon. For the development
business, featuring both house brand – separate by Apparel under brand Inco, Cheval, Sleep Mate, ETC brand, Non- Apparel under brand Cherish, Prim, Rollica, Cushy, etc., and other brand products. To date