managed to be lower, resulting from the credit rating. This reflects the financial stability of the Company. Completed projects, new projects launched, sales volume and backlog in Q1/2020 1. Completed

10.31425 billion THB, increasing 10.46% and 24.04% from 2018 respectively. The financial liquidity has efficiently been managed, therefore, the interest bearing debt to equity ratio and the debt to equity

property development services with the focus on the quality of life of the residents managed with “Vibrant Community” concept and develop a home for lower-middle to upper-middle income earners at the

long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. Renovation programs of existing malls are under way and expects to be completed in 2019 comprising a

, Australia; and (v) Ankleshwar, India. IVL would like to inform that all formalities with regards to the said Transaction has been completed on 3rd January 2020. This acquisition reinforces IVL’s Integrated

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

reliable information, documents or referenced evidence in making investment decision; (4) Potential investment risks are managed when making investment decision. The investment shall be done reasonably and

Magnitude of Luxury & Leisure Resort Shopping Destination”. Asset Enhancement Initiatives Major renovation at CentralWorld has been completed, ready to support new tenants. CPN continues the renovation of

from the day the testing is completed. Clause 25 In cases where there is a change to a computer system relating to trading services with respect to derivatives to the extent that it affects the business

supervised by a regulator located in a country whose supervisory measures on investment management are recognized by the SEC Office; For the purpose of intermediaries’ compliance with the aforesaid provision