, Vietnam and Indonesia, to accommodate its sustainable growth aspiration. Retail Property Development Domestic Expansion CPN have announced the plan to launch 2 new malls to open in 2019 and early 2020
of shop expansion, marketing and development of the new international business of automotive part and accessories and increasing of both domestic and international sales promotion and marketing
and new loan for business expansion to generate new revenue stream. CPN has nevertheless achieved growth in revenues and operating profits for all businesses, thanks to effective cost management and
a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement
of transfer, 4 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth Leasehold REIT
of investment of THB 281 mn Business expansion toward mixed-use project development CPN and Dusit Thani Public Company Limited (“DTC”) joint-invest in a mixed-use development project including hotel
a development project of tourist facilities on Emboodhoo Lagoon in the Republic of Maldives (“Crossroads”), by acquiring interests in a separated head lease, which covers three resorts and an
reviewing the investment plan of those assets. International Expansion CPN currently engages in joint development of Central i-City in Malaysia on the grounds of the country’s growth potential and
revenue from sale of EPG, is majorly contributed by the outstanding sale growth of the Automotive and Accessories business that is resulted from the launch of new products and expansion in Operation in