property fund for exemption of the value added tax, the specific business tax, and the stamp duty due to the conversion of a property fund into a real estate investment trust, as well as the benefits

, an increase of 5.2% YoY. 3Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) On 28 August 2017, the Unitholders

of the economy and the real estate market in Thailand, our company may have difficulty in managing NPLs and selling NPAs. 2.2 The company may face competition in sourcing NPLs and NPAs from competitors

, primarily due to the decrease in sales which is consistent with real estate market downturns and ( ii) The Company’s cash collected from the installment sales decreased from Baht 1,229.1 million for the years

(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has

in the provinces), 28 food courts, 7 office towers, 2 hotel properties, 1 residential property (totaling 11 units), and 2 real estate properties for sale (totaling 819 units), which includes the

establish this new subsidiary to be a holding company of other subsidiaries of the Company which owned properties in Europe. The details are as follows: Name: Vienna House Real Estate GmbH Registered Office

(BMA) and 18 projects in the provinces), 28 food courts, 7 office towers, 2 hotel properties, 1 residential property (totaling 11 units), and 3 real estate properties for sale (totaling 1,227 units

. On June 5 – 6, 2020, together with LED, the Company was able to auction out 164 real estate collaterals from its portfolio worth Baht 525,419,000 or accountable for 141 . 19% from the appraisal value

Indices (DJSI) in the real estate industry under the emerging markets indices for the fourth consecutive year (2014-2017). This is a testimony to CPN’s philosophy on sustainable business operations by