DOCSLIB.ORG

UOB Ar2019eng Cover.Indd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
UOB Ar2019eng Cover.Indd Wastescape By Chaichana Luetrakun Acrylic on canvas 180 x 180 cm Wastescape, the winning artwork for the 2019 UOB Painting of the Year (Thailand), Established Artist Category, is the design inspiration for this Annual Report. Mr Chaichana’s artwork is a commentary on how innovation can result in scrap metal and its lasting impact on the environment. It reminds us to consider carefully the consequences of our actions and the legacy we want to leave for future generations. At UOB, our values of Honour, Enterprise, Unity and Commitment guide the decisions we make and actions we take. We believe that for growth to be sustained, it must be balanced with responsibility. This approach enables us to meet the immediate and long-term interests of our stakeholders. By encouraging the appreciation of art in the region, we hope more minds will be open to imagining new realities and to creating new paradigms for the good of all. The UOB Painting of the Year competition, in its 38th year in 2019, is the Bank’s flagship art programme held across four Southeast Asian countries. 1 UOB (THAI) ANNUAL REPORT 2019 Company Profile United Overseas Bank (Thai) Public Company Limited Our Commitment to Fair Dealing (UOB (Thai)) is a fully-licensed commercial bank. With its network of 155 branches and 422 ATMs (as of 31 December 2019), UOB (Thai) Regulatory compliance is a top priority at UOB. We are offers consumer and corporate customers a comprehensive suite committed to upholding the highest standards of ethics, integrity of quality products and services to meet their financial objectives and fairness to our customers and actively promote such and needs. To complement its commercial banking business, awareness in our organization. UOB (Thai) has a subsidiary providing debt collection services. With customers as our focal point, we ensure that fair dealing is UOB (Thai) is rated among the top banks in Thailand by Moody’s entrenched in all aspects of our relationship with the customers. Investors Service and Fitch Ratings: • Fair Dealing is central to our corporate culture. Moody’s Investors Service: International Ratings • Our offering products and services are suitable for our Long-Term Baa1 customers. Short-Term P-2 • We ensure the competency of our sales staff in providing Fitch Ratings: quality advices and appropriate recommendations. International Ratings • We provide the customers with clear, relevant and timely Long-Term A- information, which would enable the customers to make Short-Term F1 informed financial decisions. Viability bbb- Support 1 • We take customer complaints seriously and have robust National Ratings process in place to ensure that the customer complaints are Long-term AAA(tha) managed in a transparent, independent, and efficient manner. Short-term F1+(tha) • Personal data protection and customer privacy are crucial UOB (Thai) is 99.66 per cent owned by Singapore-based to maintaining customers’ trust. We exercise robust controls United Overseas Bank Limited (UOB), which has a global network over access to customer data and monitoring process to of more than 500 offices in Asia Pacific, Europe and North ensure customer’s privacy and confidentiality of customers’ America. data are effectively managed and fully protected. A regional bank rooted in Thailand, UOB (Thai) provides customers with financial expertise and connectivity across Asia. It offers innovative financial solutions, quality products and excellent service through understanding and identifying the needs of its customers. 2 UOB (THAI) ANNUAL REPORT 2019 Financial Highlights Consolidated Financial Statements 2019 2018 Financial Position (Million Baht) Assets 566,167 525,104 Loans 415,456 382,949 Allowance for doubtful accounts 10,563 10,190 Deposits 456,311 405,178 Liabilities 506,152 468,894 Shareholders' equity 60,015 56,209 Capital funds 63,875 60,371 Earnings Performance (Million Baht) Net interest income 14,798 14,370 Non-interest income 5,543 4,935 Net profit before tax 5,644 5,347 Net profit after tax 4,564 4,326 Ratios (%) Net interest income to average assets 2.71 2.76 Return on average assets 0.84 0.83 Return on average equity 7.87 8.00 Earnings per share - basic (Baht) 1.84 1.74 NPLs (gross) to total loans 2.67 2.49 Book value per share (Baht) 24.14 22.61 Common equity tier 1 17.91 16.80 Capital adequacy 20.17 19.23 Other Information Dividend payment (Million Baht) 2,187 1,119 Dividend per share (Baht) 0.88 0.45 3 UOB (THAI) ANNUAL REPORT 2019 Chairman’s Statement Over this time, change has been constant but our commitment to Thailand remains long term. We do what is right for our customers and care for their long-term success. This approach will remain unchanged as we move forward. The Operating Environment customers via our integrated network and through specialised Thailand's economic growth decelerated in 2019 due to lower capabilities such as sector solutions and foreign direct investment demand for exports as a result of the global slowdown and ongoing advisory. During the year, we welcomed trade delegations from trade tensions between the United States and China. Elevated various countries in Asia to Thailand and shared with them market household debt also weighed on domestic consumption while insights to support their business expansion plans. state investment grew at a slower rate. We invested significantly in digital capabilities while balancing On the currency front, the Thai Baht (THB) performed better than growth with stability. In March we launched TMRW, the Group's its Asian peers for a second year in 2019. The strength of the THB Digital Bank for ASEAN’s digital generation. TMRW is transforming, continued even as the domestic economy slowed and despite Bank through the use of data, how Thailand's digital generation engages of Thailand's unexpected rate cut to 1.25 per cent in November with their bank. TMRW was the first bank in Thailand to offer and the introduction of measures to lessen the pressure on the fingerprint and facial biometrics, which was a part of a suite of THB by facilitating more capital outflows to restore the imbalance features that the mobile-only digital bank rolled out to enhance caused by strong capital inflows. the customer experience in new ways beyond the standard digital banking functionalities. 2019 Performance UOB (Thai) continued to deliver steady performance in 2019. Our decades of experience in supporting Small- and Medium-sized We achieved 5.5 per cent growth in net profit after tax to reach Enterprises (SMEs) give us a deep understanding of their needs and Baht 4.6 billion. Total income was Baht 20.3 billion, driven primarily challenges. We complemented our banking services with connections by overall loan growth. Total loans were Baht 415.5 billion, to our ecosystem partners, business advisory and digital solutions a year-on-year increase of 8.5 per cent (Baht 32.5 billion), led by all of which are essential for building sustainable businesses. For the rise in both wholesale and retail loans. The total deposits example, we collaborated with Lazada and Bentoweb to help base was Baht 456.3 billion, an increase of Baht 51.1 billion from Thai online retailers accelerate their business growth through Baht 405.2 billion in 2018. The non-performing loan ratio was at UOB BizMerchant, a bundled solution we launched in 2019 that 2.67 per cent, which continued to be lower than the industry offers faster access to working capital and practical e-commerce average. Despite the uncertainty affecting Thailand economic management tools. growth, we stayed resilient with our strong balance sheet and sustainable financial results. We also provided guidance, resources and mentorship to help SMEs develop and deepen their digital capabilities through our Corporate Developments programme with The FinLab, the bank’s innovation accelerator. We helped the first batch of Thai SMEs from the Smart Business As our customers grow their businesses across Asia, they look Transformation Programme reap positive results from their digital for a banking partner with extensive regional presence and deep transformation. The SMEs piloted digital solutions that helped in-market knowledge to connect them to opportunities opening them to increase business efficiency, to reduce costs, to possess up in the region. With that in mind, we continued to support our 4 UOB (THAI) ANNUAL REPORT 2019 a digital mindset and to facilitate their regional expansion. UOB contributor to Thailand’s economy, its growth will likely be affected (Thai) received a Recognition of Excellence Award 2019 at the this year. The Bank of Thailand has responded by cutting its key Thailand OpenGov Leadership Forum for contributing to the interest rate to a record low of 1.00 per cent in February. country's financial technology and innovation landscape. Thailand's gross domestic product growth is expected to increase Our unwavering focus on doing what is right for our customers for moderately in 2020. Continuing past trends, foreign direct investments the long term continued to receive industry recognition. Among into Thailand will remain a key growth driver. The government's the 26 accolades we received in 2019 was The Asian Banker's Best effort to implement landmark projects in the Eastern Economic Foreign Retail Bank in Thailand for the fifth consecutive year. We Corridor is likely to lift confidence and to fuel investment flows also won three accolades at the Asian Banking and Finance Retail into the country. Banking Awards 2019 for our commitment to designing financial solutions that are essential to customer lifestyles and for building Acknowledgement the Digital Bank of tomorrow. 2019 marks our 20th anniversary. This is another milestone since our founding – a journey which began more than 80 years ago We are committed in our responsibility to contribute to Thailand's by my father.
Load more

Recommended publications
  • 1 AR CPN EN 2014 4C P1-72.Indd
    AANNUALNNUAL RREPORTEPORT 22014014 TOGETHER WE ARE ONE CONTENTS 012 016 020 022 023 026 CONSOLIDATED MESSAGE FROM REPORT OF THE REPORT OF THE REPORT OF THE REPORT OF THE OPERATIONAL & THE BOARD AUDIT NOMINATION AND RISK POLICY CORPORATE FINANCIAL OF DIRECTORS COMMITTEE REMUNERATION COMMITTEE GOVERNANCE HIGHLIGHTS COMMITTEE AND SUSTAINABLE DEVELOPMENT COMMITTEE 054 062 064 065 068 073 FUTURE VISION & CORPORATE SUSTAINABILITY BUSINESS PERFORMANCES PROJECTS MISSIONS VALUES MANAGEMENT STRATEGIES ECONOMIC DIMENSION 114 132 135 138 148 149 CORPORATE NOMINATION OF REMUNERATION CONNECTED GROUP REVENUE GOVERNANCE DIRECTORS AND OF THE TRANSACTIONS STRUCTURE STRUCTURE OF MANAGEMENT DIRECTORS AND OF COMPANY COMPANY AND MANAGEMENT AND ITS ITS SUBSIDIARIES SUBSIDIARIES 263 268 269 272 273 276 GENERAL LIST OF EXISTING REFERENCE INFORMATION GRI INDEX INFORMATION OF COMMITTEE IN PROJECTS FIRMS FOR INVESTORS BUSINESS HELD SUBSIDIARIES MANAGED BY CPN BY CPN 10% UPWARD 028 030 034 040 043 047 BOARD OF 2014 YEAR IN AWARDS OF ECONOMIC NATURE OF ASSET UNDER DIRECTORS AND BRIEF GREAT PRIDE AND RETAIL BUSINESS CPN’S MANAGEMENT IN 2014 INDUSTRY MANAGEMENT TEAM OVERVIEW IN 2014 073 079 084 097 100 102 FINANCIAL ENVIRONMENTAL SOCIAL RISK FACTORS ORGANIZATION MANAGEMENT PERFORMANCE DIMENSION DIMENSION CHART STRUCTURE REVIEW 151 160 161 162 246 247 CAPITAL RESPONSIBILITY FINANCIAL INDEPENDENT AUDIT’S FEE MANAGEMENT STRUCTURE OF THE BOARD STATEMENTS & AUDITOR’S BIOGRAPHY OF DIRECTORS TO NOTES TO THE REPORT THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS TOGETHER WE ARE ONE MOST ADMIRED DYNAMIC REGIONAL WORLD-CLASS TO BE THE MOST RETAIL RETAIL RETAIL REWARDING ADMIRED AND DEVELOPER DEVELOPER DEVELOPER EXPERIENCE DYNAMIC REGIONAL OF ALL RETAIL PROPERTY STAKEHOLDERS DEVELOPER WITH WORLD-CLASS REWARDING EXPERIENCE The word “ONE” conveys competency with immense power in itself.
    [Show full text]
  • Central Pattana (CPN TB) Buy (Maintained) Consumer Cyclical - Leisure & Entertainment Target Price: THB57.40 Market Cap: USD5,784M Price: THB43.30
    Results Review, 21 May 2015 Central Pattana (CPN TB) Buy (Maintained) Consumer Cyclical - Leisure & Entertainment Target Price: THB57.40 Market Cap: USD5,784m Price: THB43.30 Macro Risks 2 Strong And Steady Wins The Race Growth . 2 0 Value . 03 0 . 03 0 1Q15 results are at 24% of our FY15 forecast, in line. Reiterate BUY . Central Pattana (CPN TB) 0 Price Close Relative to Stock Exchange of Thailand Index (RHS) with a DCF-derived TP of THB57.40 (33% upside). 1Q15 core PATMI 0 51 111 grew 22% YoY to THB2.0bn on 9% revenue growth and a 3.4ppts rise 0 in operating margin. We continue to expect 6% same-store rental 49 106 growth for FY15, partly driven by new initiatives to increase revenue from on-site media and maximise common area utilisation for 47 101 conventions and pop-up stores. 45 96 Total revenue up 9% YoY to THB5.8bn. The increase was led by 43 91 contribution from two new malls opened in 3Q14. Same-store rental also grew healthily at 6.5% YoY in the absence of discounts given to 41 86 CentralWorld (CTW) in 1Q14 as a result of a political protest that affected tenants’ sales. Occupancy rate dipped slightly to 94% due to 39 81 18 the current renovation works at CentralPlaza Pinklao. We expect 16 14 positive returns on this asset enhancement initiative which is slated to 12 10 be completed in 4Q15. 8 6 Good cost control results in higher-than expected margins. Gross 4 2 margin increased 1.9ppts to 50.3% while EBIT margins rose 3.4ppts to Volm 43.3%.
    [Show full text]
  • Central Pattana Plc. Property Development and Investment
    Central Pattana Plc. Property Development and Investment Manahakorn of Isan - The Largest Mixed-Use Project of Isan Corporate Presentation 3Q17 Performance Review Contents ► Our Company ► Growth ► Financing ► Looking ahead ► Appendices 2 Our company CPN at a Glance To be the most admired and dynamic regional retail property VISION developer with world-class rewarding experience Mixed-use Project Development Malls Other related business Property funds Residential Commercial Hotel CPNRF CPNCG 7 Office Buildings 2 Hotels 1 1 Residence • Lardprao CPNRF: Central City Residence • Pinklao Tower A RM2, RM3, PKO, CMA, 24 @ Bangna • Pinklao Tower B Pinklao Tower A&B 6 • Bangna • CentralWorld Tower 1 centralmarina • Chaengwattana CPNCG: • Rama9 The Offices @ CentralWorld st 32 1.7 mn sqm 1 Rank 21% Shopping Malls NLA Retail Developer Market Share in BKK 4 consecutive years As of November 2017 3 Our company Strategic Shareholders CPN is one of the flagship businesses of the Central Group (Chirathivat Family). As a strong and supportive shareholder, the Chirathivat family brings to CPN a wealth of retail-related expertise through the family‟s long record and successful leadership in Thailand‟s dynamic and competitive landscape of shopping mall developments and department store / specialty store operations. Chirathivat Family 27% Local funds 21% Free float Foreign 53% 47% funds 71% Individuals Central 8% Group 26% Source: TSD as of 30 September 2017 4 Our company Strategic Shareholder CPN‟s strong synergy with the Central Group helps CPN to attract
    [Show full text]
  • Seacon Bangkae
    Perfect Vision Multimedia Your partner for the world of Information ...a story that move us... The Third wave An Information Revolution 2000-2100 Within a few decades, society rearranges itself - its world view; its basic values; its social and political structures; its arts; its key institutions. Fifty years later, there is a new world. and the people born then cannot even imagine the world in which their grandparents lived and into which their own parent were born. We are currently living through just such a transformation.” (Drucker, 1993) The Third wave An Information Revolution “Same as we now cannot imagine living without2000-2100 Electricity. Soon we won’t be able to imagine living without Information” ...so how has information technology changed our common senses?... Power of Connectivity Information technology grants us a godlike power of timeless and distance-less connectivity. We can touch almost anyone on this planet within a flick of time. With no extra effort than a click. Verb to “Search” “Search” has become our fundamental action of life, on par with “eat” or “sleep”. No matter what kind of information nowadays, it has to be searchable. Listen to the crowd No one cares about catchy slogan anymore, they simply go and ask other people what they think. How? Simply ask their friends on Facebook or just Twit it! Customize and Personalize Abundance and choices of products has driven products to become more customized for each market. In addition, information technology has enabled products and services to become more personalized for each and every customers. (Sheldon, 1994) Ignore, Ignore and Ignore! When there are too much things to see, too many advertising to read, the easiest escape is just to “Ignore it”.
    [Show full text]
  • Central Pattana Plc. Property Development and Investment
    Central Pattana Plc. Property Development and Investment CentralPlaza Marina Pattaya Re-launch on 19 December 2016 Corporate Presentation: 3Q16 Performance Review Contents ► Our Company ► Growth ► Financing ► Looking ahead ► Appendices 2 Our company CPN at a Glance To be the most admired and dynamic regional retail property VISION developer with world-class rewarding experience Mixed-use Project Development Malls Other related business Property funds Residential Commercial Hotel CPNRF CPNCG 7 Office Buildings 2 Hotels 1 1 Residence • Lardprao CPNRF: Central City Residence • Pinklao Tower A RM2, RM3, PKO, CMA, 23 @ Bangna • Pinklao Tower B Pinklao Tower A&B 6 • Bangna • CentralWorld Tower • Chaengwattana CPNCG: • Rama9 The Offices @ CentralWorld st 30 1.6 mn sqm 93% 1 Rank 16% Shopping Malls NLA Occ. Rate Retail Developer 9M16 Rev. Growth 3 Our company Strategic Shareholders CPN is one of the flagship businesses of the Central Group (Chirathivat Family). As a strong and supportive shareholder, the Chirathivat family brings to CPN a wealth of retail-related expertise through the family‟s long record and successful leadership in Thailand‟s dynamic and competitive landscape of shopping mall developments and department store / specialty store operations. Chirathivat Family 26% Local funds 19% Free float Foreign 53% 47% funds 73% Individuals Central 8% Group 27% Source: TSD as of 30 September 2016. 4 Our company Strategic Shareholder CPN‟s strong synergy with the Central Group helps CPN to attract dynamic tenants, increase people traffic and
    [Show full text]
  • Minutes 2012 Annual General Meeting of Shareholders Central Pattana Public Company Limited
    - Translation - Minutes 2012 Annual General Meeting of Shareholders Central Pattana Public Company Limited *************************************** The Annual General Meeting of Shareholders (AGM) took place at 2 p.m. on Friday, April 27, 2012, at the Bangkok Convention Centre, 5th floor, CentralPlaza Lardprao, located at 1693 Phaholyothin Road, Chatuchak, Bangkok. The meeting was registered with a barcode system and recorded for publicity at the www.cpn.co.th website. Before the meeting began, the master of ceremony introduced the Board of Directors, executives, the external auditor, and meeting observers as follows: Directors present at the Meeting: 1. Mr. Suthichai Chirathivat (Chairman) 2. Mr. Paitoon Taveebhol (Independent Director, Chairman of Audit Committee, and Chairman of Risk Management Committee) 3. Mr. Chackchai Panichapat (Independent Director, Audit Committee Member, and Chairman of Nomination and Remuneration Committee) 4. Mrs. Sunandha Tulayadhan (Independent Director, Audit Committee Member, and Nomination and Remuneration Committee Member) 5. Mr. Karun Kittisataporn (Independent Director, Audit Committee Member, and Nomination and Remuneration Committee Member) 6. Mr. Kanchit Bunajinda (Director, Nomination and Remuneration Committee Member, and Risk Management Committee Member) 7. Mr. Suthikiati Chirathivat (Director) 8. Mr. Sudhisak Chirathivat (Director and Nomination and Remuneration Committee Adviser) 9. Mr. Sudhitham Chirathivat (Director and Nomination and Remuneration Committee Adviser) 10. Mr. Prin Chirathivat (Director, Risk Management Committee Member, and Nomination and Remuneration Committee Adviser) 11. Mr. Kobchai Chirathivat (Director, Risk Management Committee Member, and President & Chief Executive Officer) Director absent at the Meeting: 1. Mr. Suthichart Chirathivat (Director) - Translation - Executives present at the Meeting: 1. Mr. Naris Cheyklin (Senior Executive Vice President, Finance and Accounting) 2. Ms.
    [Show full text]
  • Annual Report
    ANNUAL REPORT 2016 ROBINSON DEPARTMENT STORE PUBLIC COMPANY LIMITED WWW.ROBINSON.CO.TH ANNUAL REPORT 2016 CONTENTS 05 Vision and Mission 10 Message from Chairman and President 18 Financial Highlights 44 21 Dividend Policy 5 Years Major Development 45 23 Organization Chart Structure of the Company and Its Subsidiaries 46 Management Structure 111 55 Statement of Corporate Governance the Directors Responsibility 79 112 Board of Directors and Connected Transactions Managements 117 99 Management Discussion 26 Corporate Social Responsibility and Analysis Nature of Business 105 120 34 Internal Control Independent Auditor Report Risk Factors and Risk Management and Financial Statements 41 108 207 Shareholder Structure Report of the Audit Committee General Information TO PUT OUR CUSTOMERS, EMPLOYEES AND SUPPLIERS AT THE HEART OF OUR BUSINESS DECISIONS Vision To profitably grow our market share Mission To put our customers employees and suppliers at the heart 1 of our business decisions To be locally relevant in our merchandising 2 offering and our shopping experience To increase sales by attracting new customers, expanding 3 our customer base and increasing customer spend 4 To make retail more than just shopping 5 To invest in the future growth of our stores and people A Professional and Entrepreneurial 6 approach by our management team Attracting, retaining and growing the most 7 talented people in the Retail Industry Exceeding the expectations of our 8 shareholders, customers and employees AIN RETAI MORE THAN UST SHOPPING And with the rise of prevalent health trends, health and sport enthusiasts will find delight in our Fitbo - the latest trendy fitness center which is well - equipped with a team of professional trainers.
    [Show full text]
  • UOB (Thai) Annual Report 2018
    UOB (Thai) Annual Report 2018 “/” Joanne Pang Contents 02 Company Profile 02 Our Commitment to Fair Dealing 03 Financial Highlights 04 Chairman’s Statement 06 Board of Directors 06 Senior Management Team 08 Organisation Structure 09 Management Discussion and Analysis 2018 15 Independent Auditor’s Report 17 Financial Statements and Notes to Financial Statements 103 Other Information 115 Risk Management 126 Report of the Audit Committee 128 Opinion of the Audit Committee on the Bank’s Internal Control System 129 Report of the Nomination and Compensation Committee 131 Corporate Governance 135 Branch Network 143 Company Information “/” by Joanne Pang Mixed media on cotton 140 x 150 cm Ms Pang’s painting, “/”, is the design inspiration for this year’s Annual Report. The artist is a lecturer at LASALLE College of the Arts in Singapore and her painting received the Gold award in the Established Artist Category in the 2018 UOB Painting of the Year (Singapore) competition. The painting title is also meant to be read as “either… or” and represents a strike in motion. It reflects the artist’s movements between action and inaction during the painting process as well as captures the concept of time passing and stopping. Through technique and medium, her painting strokes express the impact of force, dynamism and transformation. The essence of the painting captures UOB’s approach to banking where due consideration is given before timely decisions are made for optimal impact. UOB’s support of art is a natural extension of our commitment to our stakeholders in the communities in which we operate.
    [Show full text]
  • Towards Sustainable Center of Life
    Event Title / Subtitle Location Analyst Briefing Analyst Meeting CPN Head Office for [QQYY] Results CEO Forum CEO Forum CPN Head TOWARDS SUSTAINABLE CENTER OF LIFE Office Strategic Direction for [Year] NDR Non-deal Roadshow City, ST, CENTER OF HAPPINESS Country CENTER OF with [Broker] COMMUNITY Conference [Name of Conference] City, ST, Country CENTER OF [not used ; use as 2nd line] ALL LIFESTYLES Opp Day Opportunity Day SET, Bangkok for [QQYY] Results Co. Visit Investor Presentation CPN Head Office [blank] Others [Title] [Location] [Subtitle / Organizer / Audience] CENTER OF ACTIVITIES Central Pattana Public Company Limited (CPN) Investor Presentation Discussion material on the company’s latest information November 2019 CPN Head Office Disclaimer Please read before you proceed! DASHBOARD . The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in Central Pattana Public Company Limited (“CPN” and shares in CPN, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. OVERVIEW . This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which CPN operates and general achievement of CPN business forecasts, which will cause the actual results, performance or achievements of CPN to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation.
    [Show full text]
  • Central Pattana Plc
    CentralCentral PattanaPattana PlcPlc.. Property Development & Investment March 7, 2006 Content Overview of Our Company Operation Review Financial Highlights CPN Retail Growth Property Fund (CPNRF) 2 Overview of Our Company Business Overview Business Re-branding of Central Pattana to CPN CPN is a fully integrated retail developer and the leading retail property developer and investor in Thailand Property portfolio includes 10 shopping centers, 4 office towers and 2 apartments “THE MOST ADMIRED RETAIL EXPERIENCE DEVELOPER” CPN currently has operations in Thailand but is looking to expand into neighboring countries Shareholder’s Value Creation CPN grows through internal development, acquisition & redevelopment and asset Bt mm enhancement projects 50,000 25.0% 40,000 nd CPN is the 2 largest listed property firm and is 86.7% 39,219 30,000 the property manager of Thailand’s largest 31,375 REIT (CPNRF) 20,000 16,802 CPN has a market capitalization of 10,000 approximately US 1bn 0 31 Dec 2004 31 Dec 2005 28 Feb 2006 4 History of CPN Developments Acquisitions and Redevelopments 1980 - Established under “Central Plaza Co., Ltd.” 1996 – Acquired full equity stake in “Central Airport Plaza Chiangmai”, a shopping complex 1982 - Opened “Central Plaza Lardprao”, the first integrated shopping complex in Thailand 2000 – Completed “Central Airport Plaza Chiangmai Phase 2A 1993 - Opened “Central Plaza Ramindra”, a shopping complex 2001 – Acquired full equity stake in “Central City Bangna”, a shopping complex 1995 - Opened “Central Plaza Pinklao”, a
    [Show full text]
  • Central Pattana Plc. Property Development and Investment
    Central Pattana Plc. Property Development and Investment CentralPlaza Mahachai NDR in London & Paris 16-19 October 2017 Contents ► Our Company ► Growth ► Financing ► Looking ahead ► Appendices 2 Our company CPN at a Glance To be the most admired and dynamic regional retail property VISION developer with world-class rewarding experience Mixed-use Project Development Malls Other related business Property funds Residential Commercial Hotel CPNRF CPNCG 7 Office Buildings 2 Hotels 1 1 Residence • Lardprao CPNRF: Central City Residence • Pinklao Tower A RM2, RM3, PKO, CMA, 22 @ Bangna • Pinklao Tower B Pinklao Tower A&B 6 • Bangna • CentralWorld Tower 1 centralmarina • Chaengwattana CPNCG: • Rama9 The Offices @ CentralWorld st 30 1.6 mn sqm 93%* 1 Rank 21% Shopping Malls NLA CPN Occ. Rate Retail Developer Market Share in BKK * Includes area transferred to CPNRF, 2Q17 occ. rate was 92%. 3 Our company Strategic Shareholders CPN is one of the flagship businesses of the Central Group (Chirathivat Family). As a strong and supportive shareholder, the Chirathivat family brings to CPN a wealth of retail-related expertise through the family‟s long record and successful leadership in Thailand‟s dynamic and competitive landscape of shopping mall developments and department store / specialty store operations. Chirathivat Family 27% Local funds 19% Free float Foreign 53% 47% funds 74% Individuals Central 7% Group 26% Source: TSD as of 30 June 2017 4 Our company Strategic Shareholder CPN‟s strong synergy with the Central Group helps CPN to attract dynamic
    [Show full text]
  • Find a Bangkok Bank Branch Which Provides a Foreign Currency Deposit Account Service
    FCD Service Branches No. Province Branch Telephone 1 Bangkok Phlapphla Chai 02-222-2111, 02-221-468, 02-222-8746 2 Bangkok Future Park Rangsit 02-958-5866-8 3 Bangkok Zeer Rangsit 02-992-7387-8 4 Bangkok Abdulrahim Building 02-6360578-80 5 Bangkok Central Rama 2 02-872-4001-2 6 Bangkok U Center Chula 42 02-216-2094-5 7 Bangkok SEACON Bangkae 02-458-2966-8 8 Bangkok Silom Jewelry Trade Center 02-630-0560-2 9 Bangkok Ratchada-Huaikhwang Road 02-692-6900-4 Sukhaphiban 1 Road, 10 Bangkok Raminthra Km.8 02-948-5583-4 ต่อ 1001 11 Bangkok Rattanathibet Road 02-969-9152-3 12 Bangkok Songprapha Road, Donmuang 02-929-9719-24 13 Bangkok Raminthra Road, Km.10 02-918-0273, 02-918-0270-2 Ext. 1001 14 Bangkok Ekkamai 02-714-3100-1 15 Bangkok Lam Luk Ka Road, Khlong 2 02-995-8145-9 16 Bangkok National Science and 02-564-8028-30 Technology Development Agency 17 Bangkok Na Wa Nakhon 02-909-2071, 02-909-2148 18 Bangkok Pantip Plaza 02-656-6146-8 Thammasat University Rangsit 19 Bangkok Campus 02-564-2751-3 20 Bangkok Emporium 02-664-9291-3 21 Bangkok Ratchawong 02-222-2151-5 22 Bangkok Bang Kapi 02-653-1011 23 Bangkok Pratunum 02-252-5183-5 24 Bangkok Thon Buri 02-437-0220-3 25 Bangkok Sampheng 02-222-2141-9 26 Bangkok Pradiphat Road 02-279-8060-7 27 Bangkok Bukkhalo 02-468-0123 28 Bangkok Talat Phlu 02-466-1060-3, 02-891-3571-4 29 Bangkok Bang Lamphu 02-281-4111, 02-281-3538 30 Bangkok Silom 02-233-6080-9, 02-635-6611-30 31 Bangkok Bang Khae 02-413-1701-5 32 Bangkok Worachak 02-221-7410 33 Bangkok Samrong 02-384-1375-6 34 Bangkok Ratchathewi 02-216-1550-8,
    [Show full text]