Directors’ Meeting No. 5/2018 and PF Board of Directors’ Meeting No. 9/2018. The construction of Carnival Magic Project has progressed by about 98.56% of the total construction, or 84.63% of the total
completed and the construction of various buildings has progressed by more than 84.63% of the total construction. At present, the project is in the process of the development of utility system including the
completed and the construction of various buildings has progressed by more than 84.63% of the total construction. At present, the project is in the process of the development of utility system including the
redundancy, and to save cost and expense in the long term. The Company has also adjusted CAPEX plan and delayed the new investments, for example, the JV with ORI, the JV with MPIC, and the luxury villa
revenue and generate a sustain long-term returns. In 2019, the Company progressed with the following asset enhancement initiatives. Renovation programs of existing malls which have been completed in 2019
Initiatives to increase the value of existing shopping malls, customers, tenants and societies, and create long-term returns. In 2018, CPN progressed with the following asset enhancement initiatives. • Major
) of the combined business as it will be able to manage power generation and utility systems, infrastructure and electricity/steam network, which will reduce redundancy in future investments and decrease
) of the combined business as it will be able to manage power generation and utility systems, infrastructure and electricity/steam network, which will reduce redundancy in future investments and decrease
, which will reduce redundancy in future investments and decrease the fuel cost with an effective allocation of power generation capacity to match the demands of each generation unit, and the costs of spare
2018, CPN progressed with the following asset enhancement initiatives. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 3 of 16 The major renovation at CentralWorld