great emphasis on effective revenue generation from new malls, asset enhancement, coupled with efficient operating costs management. Currently, CPN manages 30 shopping malls with the net leasable area

techniques and modernized housing layout. The Company also allocated a higher common area capital cost for each housing project. All of these investments were made to maintain image and quality of its housing

refurbishment of common area, adding new retail tenants, conversion of a retail space (day-market format) to a 2-storey air-conditioned shopping place “Sun Plaza”. These projects enhanced competitiveness of the

the business environment by closed 8 departments which have accumulate loss in year 2019. Moreover the Company has promotional activity, made an advertisement in each area for increased sale

lower cost of sales of holiday club memberships.  Cost of office rental operations increased by Baht 7 million. This is largely attributed to higher property tax and common area charges for building

year ended 31 December 2019 and 2018 were THB 187.28 and 196.57 million respectively. Administrative expense decreased by THB 9.29 million or 4.73%. This is because of a decrease in common area fee which

common area charges for building renovations.  Selling expenses decreased by Baht 2 million as the decrease in hotel selling expenses were offset by the increase in selling expenses of property

property sales were recognized during the period offset by the lower of cost of sales of holiday club memberships. • Cost of office rental operations decreased by Baht 3 million due to decrease in common

% shares of HHC’ s registered capital by holding 999,998 common shares at par value of Baht 100, total value of Baht 99,999,800. In order to let the Company increase opportunity and channel in contributing

., Ltd. (“the Company” or “FVC”) holds 99.998% shares of HHC’ s registered capital by holding 999,998 common shares at par value of Baht 100, total value of Baht 99,999,800. In order to let the Company