relating to the fee for registration of the conversion of a property fund into a real estate investment trust will be expired on 31 December 2017. 2. The lease of CentralFestival Pattaya Beach shopping mall
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
growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
constitutes those of 100%-owned Santiburi Beach Resort & Spa (“Santiburi Beach”) and Phi Phi Island Village Beach Resort (“Phi Phi Village”). Performance of the 29 hotels (50% owned) in UK was recognized under
Leasehold REIT (“CPNREIT”) and the lease of CentralFestival Pattaya Beach and Hilton Pattaya, net profit is reported at THB 9,893 mn, an increase of 7.0% YoY, and total revenue at THB 30,875 mn, an increase
of hotel business constitutes those of 100%-owned Santiburi Beach Resort & Spa (“Santiburi Beach”) and Phi Phi Island Village Beach Resort (“Phi Phi Village”). Performance of the 29 hotels (50% owned
agreed with the conversion of CPNRF into CPN Retail Growth Leasehold REIT (“CPNREIT”) and the lease of CentralFestival Pattaya Beach shopping mall (certain parts) and Hilton Pattaya to CPNREIT, detailed as
’ Meeting of CPNRF passed a resolution to approve the conversion of CPNRF into CPN Retail Growth Leasehold REIT (“CPNREIT”) and the lease of CentralFestival Pattaya Beach shopping mall (certain parts) and
future sky train station, currently under renovation of an area in the 4th floor introducing a new concept of Restaurant zone and 5.) Central Festival Pattaya Beach, is underway of the food zone re
ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in December 2017. CPN continues to emphasize on effective revenue