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
same period in the previous year (YoY). The main difference came from the transfer of residential units between both years as the majority of the transfers will be made towards the second half of this
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
create long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, which has been ongoing in phases since 4Q16, has been completed
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
Energy Regulatory Commission (ERC) for final approval. The project targets for 85% contracted by commercial operation date. The construction of the project has progressed 61.24% (The construction plan was
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
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
: - Sales increased by 534.91 million baht or 41.47% from 1,289.83 million baht in Q1/2019 to 1,824.74 million baht in Q1/2020 because of the transfer in Metris Rama9 - Ramkumhang which was completed