remain at levels similar to the previous year despite incurring higher cost of rental and services at CentralPlaza Rama 2 following the land lease extension. Hence, CPN is determined to exercise effective
meet market demand in 3Q17. Therefore, the tailwinds in volume and margins are expected to handsomely beat earnings estimates on a fully diluted basis following the exercise of W1 warrants. 3 In last
were under heavy maintenance exercise. Selling Expenses For the second quarter and the six-month period of 2017, selling expenses were accounted for 7.2 percent and 7.5 percent of total operating
for the nine-month period comparing to last year due to wet lease arrangements to temporarily replace aircrafts which were under heavy maintenance exercise along with the delivery of additional
2017 comparing to last year due to wet lease arrangements to temporarily replace aircrafts which were under heavy maintenance exercise along with the delivery of additional of two aircrafts under
rate and Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 10 of 15 3.) higher administrative expense upon business expansion. Hence, CPN is determined to exercise
ลงทุนซื้อหุนอางอิง (u/l) ในอนาคต ตามราคาใชสิทธิ (exercise price) อัตราการใชสิทธิ และระยะเวลาใชสิทธิที่กําหนดไวลวงหนา เชน o DW หรือ warrant ที่ใหสิทธซ้ืิอหุน ปตท. ในราคา 230 บาท o อัตราสวน
new loan for business expansion to generate new revenue stream. CPN continues to exercise effective cost management and according to the changing business environment. Central Pattana Public Company
shares offered by the company’ s existing shareholder, Financial Institution Development Fund (FIDF) 3. Up to 230,000,000 new common shares for offering to over-allotment agent to accommodate the exercise
the exercise of rights to over-allotted shares under the over-allotment plan (if any). Trinity Securities Co., Ltd., as an over-allotment agent, borrowed 230,000,000 shares from FIDF for IPO and secured