relevant to Asia as Asian capital markets continue to deepen and become more complex. As the Principles are outcome-based, they are adaptable to a number of country circumstances. Important progress has
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Performance Overview Revenues and profits grew solidly. 2 new shopping malls: CentralPlaza Nakhon Ratchasima and
effective mall management and operating cost control despite major renovations at CentralWorld and CentralPlaza Rama 3 The Thai economy in 3Q17 continued to expand courtesy of solid growth in export of goods
2,483 mn. CPNRF, including CentralPlaza Rama 2 (renovated 25% of NLA and expected to be finished in 4Q17) and CentralPlaza Chiangmai Airport (renovated 10% of NLA and expected to be finished in 4Q17
REIT Management Company Limited has conclusion. The Company agrees to lease its assets 5 projects to CPNREIT namely Central Marina Project, CentralPlaza Lampang Project, CentralPlaza Surat Thani Project
CentralPlaza Rama 2, with a total transaction value of no more than THB 48,560 mn as announced on the Stock Exchange of Thailand on October 17, 2019. CPN currently manages 34 shopping malls with the net leasable
malls with the net leasable area (NLA) of approximately 1.7 mn sqm., a YoY increase from approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in 2017, which are CentralPlaza Nakhon
2018, the occupancy rate of CentralWorld stood at 91%, an increase from the end of 2017 at 84% and 2.) CentralPlaza Rama 3, which completed a major renovation with a grand re-opening in August 2018
approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in November 2017, which are CentralPlaza Nakhon Ratchasima and CentralPlaza Mahachai. At the end of 1Q18, the average occupancy rate for CPN’s