cost-to-revenue ratio is expected to be similar to the magnitude of last year amidst the increasing trend of electricity Ft rate. • Higher operating and depreciation costs of newly opened malls and

partly down to CPN’s continuous effort to conserve energy usage. Hence, the cost-to-revenue ratio is expected to be similar to the magnitude of last year amidst the increasing trend of electricity Ft rate

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

mn, an increase of 146% YoY due to higher magnitude of transfers of condominium units, namely at ESCENT VILLE Chiangmai, ESCENT VILLE Chiangrai, ESCENT Nakhon Ratchasima, Phyll Pahol 34 and Belle Grand

continue to be developed and adopted, tail-end risk remains unpredictable and potentially undiscovered. This may cause incorrect decisions that finally result in losses. The adoption of innovative

้ ำควำมเป็น The Magnitude of Luxury & Leisure Resort Shopping Destination ระดับโลกอย่ำงสมบูรณ์ใหแ้ก่กลุ่มลูกคำ้ทอ้งถิน่ และกลุ่มนักท่องเที่ยวต่ำงประเทศ โดยเซ็นทรัล ภูเก็ต ประกอบไปดว้ย 2 ศูนย์กำรคำ้ ไดแ้ก

Likelihood Rare (1), unlikely (2), possible (3), likely (4), very likely (5) Magnitude of impact Insignificant (1), minor (2), moderate (3), major (4), significant (5) Adaptability Very low (1), low (2

, the 17 estimated coefficient of 𝐶𝑆𝑅 in any model is positive and significant at the 1% level, with a larger magnitude than those of most control variables. The results from SEM strongly support the

made sustainable development a core principle of business operations not only to mitigate risks that may affect our business undertakings, but also to brace for unpredictable, emerging risks and to

Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary ....................................................... Quality Assurance Review Panel ................................... Activities for Enhancing Audit Quality ............................ Summary of Audit Inspection Results A. Firm Level ............................................................ B. Engagement Level ..........................