malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient

Limited (“KPN Academy”) in the proportion of not less than 57.52 percent of total number of sold shares of KPN Academy from the existing shareholders, i.e. (1) Mr. Nop Narongdej (2) Golden Tiger Associates

/or technology upgrade offered at the same price points to retain existing base and also attracted new demand. The high-end packages with faster speed were also made more affordable to attract demand

-value customers, causing the drop in acquisition rate. The growth is expected to gradually improve with long-term targets maintained. On the other hand, existing customers showed a continuing ARPU uplift

their first full year after COD in 2017, existing and new IEs customers. Gross Profit and Gross Profit from Operation In 2018, Gross Profit was Baht 588.3 million, an 8.7% increase from Baht 541.4 million

Quarter Ended 31 March, 2018 Page 1 (Translation) 1. Significant events of the 1 st quarter of 2018 1.1 The Repurchase of Existing Notes and the issuance and Offering of Newly-Issued Notes On March 27, 2018

volume from the commercial operaion of 5 SPPs and existing customers. In 9M2018, Revenue from Sales and Services was Baht 1,288.9 miilion, a 7.4% increased from Baht 1,199.6 million in 9M2017 due to

the business plan. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential

) 130.98 101.47 29.08 Administrative expenses 57.87 43.50 33.03 57.14 1.28 170.06 135.72 25.29 Earnings before interest and taxes (EBIT) 21.67 43.52 (50.21) 26.26 (17.48) 76.10 138.34 (44.98) Financial costs

payment from unappropriated retained earnings of THB 0.0313 per share to shareholders whose name appear on the record date on 8 May 2018. The payment date is on 25 May 2018. Management outlook and future