rate and Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 10 of 15 3.) higher administrative expense upon business expansion. Hence, CPN is determined to exercise

ลงทุนซื้อหุนอางอิง (u/l) ในอนาคต ตามราคาใชสิทธิ (exercise price) อัตราการใชสิทธิ และระยะเวลาใชสิทธิที่กําหนดไวลวงหนา เชน o DW หรือ warrant ที่ใหสิทธซ้ืิอหุน ปตท. ในราคา 230 บาท o อัตราสวน

new loan for business expansion to generate new revenue stream. CPN continues to exercise effective cost management and according to the changing business environment. Central Pattana Public Company

popularity survey and found out that there is a greater emphasis on health care throughout the world which can be seen from the fact that everyone focuses on various forms of exercise including food

seen from the fact that everyone focuses on various forms of exercise including food consumption or use products that are more focused on health. D Innovation, therefore, sees that business that is in

shares offered by the company’ s existing shareholder, Financial Institution Development Fund (FIDF) 3. Up to 230,000,000 new common shares for offering to over-allotment agent to accommodate the exercise

care throughout the world which can be seen from the fact that everyone focuses on various forms of exercise including food consumption or use products that are more focused on health. D Innovation

the exercise of rights to over-allotted shares under the over-allotment plan (if any). Trinity Securities Co., Ltd., as an over-allotment agent, borrowed 230,000,000 shares from FIDF for IPO and secured

in a new Ft rate at -15.90 Sa-tang per unit and electricity charge at 3.5966 Baht per unit (before VAT). Furthermore, ERC is studying to adjust the power structure, which will be effective during 2018

margin of the retail market, as the price of crude oil adjusted downward throughout the quarter, allowing the company to adjust the selling price according to its reducing costs, thus leading to increase