-equity stake-adjusted, presales backlog of THB 25,948mn over the next 3 years. UNDERWOOD STREET UNDER RENOVATION UNDERWOOD STREET TST TOWER MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 15 MAY 2018 U CITY PCL
, shoppers can enjoy 4D Trick Eye Museum, the first Augmented Reality Art Museum in the world, at B1 AQUARIA Phuket. Asset Enhancement Initiatives CPN continues the renovation of existing malls to enhance
Magnitude of Luxury & Leisure Resort Shopping Destination”. Asset Enhancement Initiatives Major renovation at CentralWorld has been completed, ready to support new tenants. CPN continues the renovation of
renovation since 4Q16 and is expected to be finished in 2Q18. The occupancy rate at the end of 2Q17 was 91%. 2) CentralFestival Phuket continues its renovation and strengthens the shopping mall’s positioning
investment of THB 281 mn. Asset Enhancement Projects 1) CentralWorld started a phase-by-phase major renovation since 4Q16 and is expected to be progressively completed by 3Q18. Occupancy rate at the end of
% ownership in the project. This collaboration will enhance Central Village’s position to be the top luxury outlet destination in ASEAN. Asset Enhancement Initiatives Continues the renovation of existing malls
EVENTS 4 September 2018: Vienna House partners with major hotel developer. Vienna International hotelmanagement AG (Vienna House) has acquired a 50% stake in UBM+VH Hotels GmbH (UBM JV) for EUR 2.65mn or
Vienna House (Thailand) Company Limited, a JV company between Vienna House and Absolute Hotel Services (AHS) with a 30:70 stake, respectively to facilitate the expansion of Vienna House management services
presentations, to both local and foreign visitors. The iconic attraction is a well-blended component of Central Phuket as the world’s shopping and leisure destination of choice. The major renovation at
from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the