2018) which located in Sam- Ruean Sub-district, Bangpa-In District, Phra Nakhon Si Ayutthaya. 37.00 2.02 15 November 2018 The Company acquired 8-2-87 rai of land (pending for ownership transfer) which
CPN’s operating results despite the impact on its revenue from rent and services from the major renovation at CentralWorld, the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold
growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
ready for transfer in the second half of 2019 onwards. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use development projects, which consist of residential projects
demonstrates the growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT
mall and become a convenient gathering for customers. Prudent Financial Management and Funding Strategy In 2017, CPN’s average cost of fund stood at 2.81%, lower than the previous year at 3.23
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
is relatively subdued due to the impact of COVID-19. Nevertheless, the Company continues to transfer the completed projects to customers as planned. Newly opened are ESCENT TOWN PHITSANULOK, a townhome
ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in December 2017. CPN continues to emphasize on effective revenue