The budget includes construction projects worth 8 billion baht, renovation projects worth 2.5 billion, 5.1 billion to buy land banks, and 1.7 billion for residential condo project development. "We have cash on hand of 15-16 billion baht to finance this year's development plan. The estimated project value is 36.7 billion baht, 60% of which will come from Dusit Thani and the rest from CPN. The company reported revenue of 30.1 billion baht in 2016, up 13.1% from 2015, and net profit of 9.24 billion baht, a gain of 17.3%. By 2018, CPN plans to operate 34 malls including the Malaysian project, but excluding the new partnership project with Dusit Thani.

Source: Bangkok Post March 09, 2017 00:33 UTC