of Eye On Ads Company Limited, a wholly-owned subsidiary of MACO, to acquire 70.0% of COMASS Company Limited (“COMASS”) with a total investment of THB 355mn. With 19 years of experience, COMASS secured
amended the former Bankruptcy Act, with major changes as listed below. 1. To be consistent with the Business Security Act, B.E. 2558 (2015), the term “secured creditor” has been redefined to include secured
STRATEGIC UPDATE IN 2019 2019 was marked by notable strategic developments for MACO. The company has successfully laid the foundation for growth in Malaysia and Indonesia, as well as expanded its footprint in
ability, which may curb demand for secured loans, especially housing loan. Meanwhile, debt quality still needs close watch given the complexity of its management, taking into account the tackling of
notable progresses in the following mixed-use development projects. • Condominium projects ESCENT Rayong and ESCENT Chiangmai have completed the construction, as well as interior and exterior furnishing
malls to support and maximize the benefits of the latter’s business. In 2Q18, CPN have made notable progresses in the following mixed-use development projects. • Residential projects that are completed
person with the preliminary details as follows: 1) The Debentures No. 1/2019 Debenture type Name-Registered Certificate, Secured Debentures with a Debentureholders' Representative Currency Thai Baht
business. In 3Q18, CPN have made notable progresses in the following mixed-use development projects. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 4 of 15
Phuket” throughout the year. Central Village, Thailand’s first luxury outlet, was opened on August 31, 2019. The project also recently secured a strategic alliance with MEA, a leader in luxury outlets
) Limited (“Link Capital I”) in form of a secured loan for the amount not exceeding USD 50 million or equivalent to THB 1,657 million (Weighted-average Interbank Exchange Rate at THB 33.137 per USD as of