) of 14-15% per annum through 2-3 new projects a year, asset enhancement projects to add value to existing malls, regular rental increase, and operational improvement. Retail Property Development
revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately
, an increase of 5.2% YoY. 3Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) On 28 August 2017, the Unitholders
consolidated total revenues of Bt.1,123mn, of which residential and commercial property businesses were the key contributors, contributing 44% and 34%. A YoY comparison showed a decrease of 7% YoY, due to a drop
force investments for new product development and enhancement to catch up with the rapidly changing technology and the dynamics of borderless marketing. Operating profit in Q2-19 totaled Baht 658 million
due to the R&D and sales force invested for new products development enhancement and 7.6% lower compare to last quarter due to Q2’19 have high R&D outsource service in Europe Operating profit in Q3-19
) completely and also certified the standard on Waste Process Enhancement Project for waste management operator in the gold medal level. For the real estate business, the Company was the sales amount from the
Complex, amounted to Bt1,530mn, upon a transfer of office space at Singha Complex to an anchor tenant in December, as mentioned previously. Residential and commercial property businesses were the Company’s
December 2017. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping
services of the 52%-owned NVD. The initiative to expand residential business to landed property took place in April 2015, whereby Singha Estate invested in Nirvana, a mid-sized housing development company