proprietary trading 14 Investment Business Investment Business is managed by 3 departments in which Phatra operates direct investment business, by Direct Investment Department (“DI”), with medium to long-term
Carabao trademark orchestrated to the global stage was unfolded since we managed to enter a 3-season principal partnership agreement with Chelsea Football Club in November 2015, made investments for a
managed to enter a 3-season principal partnership agreement with Chelsea Football Club in November 2015, made investments for a shareholding of 51% in Intercarabao Limited (“ICUK”) in October 2016 to
shareholding proportion and will serve the business expansion in the future. Financial and Operating Performance As of December 31, 2017, CPN managed 32 shopping centers (14 projects in Bangkok Metropolitan Area
managed inventory appropriately. Liability As at December 31, 2017, total liabilities of the Company and its subsidiaries was THB 5,204.58 million comprising of current liabilities of THB 2,975.28 million
SET and mai but excluding proprietary trading 2 Including selling agent fee which receive from subsidiary company 13 Investment Business Investment Business is managed by 3 departments in which Phatra
advisory fee amounting Baht 10 million, underwriting fee amounting Baht 11 million and revenue from tender offer agent of Baht 44 million. Investment Business Investment Business is managed by 2
in the 1H/2019 wherein the Company achieved cost saving of approximately over THB 0.50 for every can ACM managed to produce and sell to CBD. 3 Selling, general and administrative (SG&A) expenses Total
financial advisory fee amounting Baht 10 million, underwriting fee amounting Baht 11 million and revenue from tender offer agent of Baht 44 million. Investment Business Investment Business is managed by 2
* Occupancy rate of Hotel Business was an average of occupancy rate in each quarter Overview As of March 31, 2018, CPN managed 32 shopping centers (14 projects in Bangkok Metropolitan Area (BMA) and 18 projects