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
-19. Tenants could not operate business and also negotiate for rent reduction. 3. Revenue from rendering of services was THB 340 million, decreased by 17.7% from the same period of the last year. The
significantly. - Rental and service income amounted to Baht 487.21 million, a decrease of Baht 65.76 million or down by 11.89% as the Company has lowered the rent for some tenants in HomePro and Market Village
Estate. Currently, the company has already rented out some leasable to the major tenants. The New Community Mall Project is expecting to commercialize in the first quarter of 2020. This will allow the
1,725,000,000 (One Thousand Seven Hundred and Twenty Five Million Baht) (excluding Value Added Tax) Objective To lease the leasing spaces of the asset to tenants in Metropolis Office Building. Moreover, the
million or down by 15.04% as the Company has lowered or suspended the rent for tenants in HomePro and Market Village. 1.3. Other income was Baht 455.61 million, an increase of Baht 55.90 million or up by
spaces and improved occupancy rates when compared to Q1/2019, despite the temporary closure of The Walk and Little Walk since 22 March 2020 like Index Living Mall, while some tenants were allowed to open
grant a special reduction in monthly rental and services fee to tenants in retail space with no lay-off policy as well as a discount in monthly rental, services and car park fees to tenants in office
4Q18. Asset Enhancement 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
. Revenue from rental and rendering of services decreased by Baht 57.1 million or 40.6% YoY, as the Company provided rental discounts to tenants following the closure of most The Walk and Little Walk stores