lower transfers of condominium units, and decline in hotel revenue based on market conditions. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial
allocation together with manage a cashflow adequacy to operate business during this circumstance. Due to the extremely fluctuation of stock market in recent times, CPN Retail Growth Leasehold REIT (CPNREIT
of Capital Market Supervisory Board No. TorChor. 12/2554 Re: Rules, Condition and Procedures for the Acquisition of Securities for Business Takeovers, to acquire the GLOW shares at the same price as
mpany which r the tender off al Market Sup Acquisition of ess Takeove Company’s s llocation of th ares to any su on as specifie vely hold the ny. ecutive Comm managing di of Association sary action to se
transaction having a value of more than 15 percent but lower than 50 percent in accordance with the Notification of the Capital Market Supervisory Board No. Tor Jor. 20/2551, Re: Rules on Entering into Material
the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets dated August 31, 2008 (as
the Securities and Exchange Commission, the Stock Exchange of Thailand, The Capital Market Supervisory Board, and other related laws. Signed ………………………………………………… Acknowledge (Mrs.Warangkana