enforced by banks, brokers, etc. • Governance by code, not by people – Nobody to hold accountable – Code is not always well-written – Velocity of transactions is very high, e.g., “flash loans” • Reliance on

strategy, especially in energy investments. The construction of our second Japan solar farm of 10.57MW in Japan is progressing well with confirmed expected commissioning in the 3rd Quarter of 2017. The PDI

year. The major renovation at CentralWorld is progressing as planned. The major renovation at CentralWorld is progressing as planned. In 1Q18, CPN curbed its renovation work during January and February

by the end of 2019 as a new stopover landmark for both local and tourists. The major renovation at CentralWorld is progressing as planned and will gradually complete by 3Q18. Asset Enhancement

reach 100 billion baht (3.3 billion USD) by the end of this year. The commitment underscores our objective of progressing towards meeting the UN SDGs. The sustainability bond has been met with

automated travellator, bringing forth a seamless transaction between luxury and leisure ambiences. The major renovation at CentralWorld is progressing as planned and will gradually commence full operation by

the Verso International School, the construction of Phase 1 was completed, and the construction of Phase 2 is progressing as planned. The school is ready to open on 17 August 2020. …………………………………. (Ms

, Hygiene and Lifestyle. Each vertical has a dedicated management team tasked to consolidate its asset footprint to capture combinatory synergies. This is progressing well to date in 2020. The Lifestyle

currently under construction with the expected opening date in 4Q18, having secured major tenants and anchors, such as the department store, supermarket and cinema. It is also progressing its lease agreements

lasted through the quarter. 2. Net marketing margin decreased, compared to the previous quarter, as the retail price was unable to keep up with the velocity of rising cost, combined with the government’ s