Capital increase


Subject                                  : Specifying the purpose of utilizing 
proceeds
Date announced                           : 26-Jun-2023
Number of additional units (units)       : 1,100,000,000
Total of additional units (units)        : 1,100,000,000
Par value (baht per unit)                : 11.7059
Allocated to                             : - Existing unitholders via 
Preferential Public Offering (PPO)
Number of additional units (units) (New) : 990,000,000
Ratio (Old : New) (New)                  : 1 : 0.3855
Tentative subscription price (bath per   : The maximum offering price of the 
Additional Trust Units (the "Maximum Offering Price") will be announced on the
CPNREIT's website (www.cpnreit.com) and/or the SET's website (www.set.or.th)
within 22 April 2024, provided that the  Maximum Offering Price will not exceed
Baht 11.20 per unit.
unit) (New)
Expected Date to be announced final      : 29-Apr-2024
subscription price (New)
Subscription period (New)                : From 23-Apr-2024 to 08-May-2024
Book-closing date for the right to       : 05-Apr-2024
subscribe additional investment 
units/trust units
Ex-rights date (XR)                                          : 03-Apr-2024
Allocated to                             : - Private placement (PP)
Tentative subscription price (bath per   : The maximum offering price of the 
Additional Trust Units (the "Maximum Offering Price") will be announced on the
CPNREIT's website (www.cpnreit.com) and/or the SET's website (www.set.or.th)
within 22 April 2024, provided that the  Maximum Offering Price will not exceed
Baht 11.20 per unit.
unit) (New)
Expected Date to be announced final      : 29-Apr-2024
subscription price (New)
Subscription period (New)                : From 23-Apr-2024 to 08-May-2024
Allocated to                             : - Public offering (PO)
Number of additional units (units) (New) : 110,000,000
Tentative subscription price (bath per   : The maximum offering price of the 
Additional Trust Units (the "Maximum Offering Price") will be announced on the
CPNREIT's website (www.cpnreit.com) and/or the SET's website (www.set.or.th)
within 22 April 2024, provided that the  Maximum Offering Price will not exceed
Baht 11.20 per unit.
unit) (New)
Expected Date to be announced final      : 29-Apr-2024
subscription price (New)
Subscription period (New)                : From 23-Apr-2024 to 08-May-2024
Remark (Update)                          :
No. CPNREIT 2024/04001

 								1 April 2024

Re: 	Notification of Subscription Ratio and Preliminary Information regarding 
Issuance and Offering for Sale of Additional Trust Units

To: 	President
	The Stock Exchange of Thailand

	CPN REIT Management Company Limited (the "REIT Manager") of CPN Retail Growth 
Leasehold REIT ("CPNREIT") would like to notify that the Office of the
Securities and Exchange Commission of Thailand has approved on 22 March 2024 to
the REIT Manager to issue and offer for sale additional trust units of not
exceeding 1,100,000,000 units (the "Additional Trust Units"), and that  the
registration statement and prospectus have become effective since 1 April 2024.

	Additionally, the REIT Manager would like to inform subscription ratio and 
preliminary information regarding the issuance and offering for sale of the
Additional Trust Units according to the approved version of the registration
statement and prospectus. Details of which are as follows:

1.	Subscription ratio of the Additional Trust Units
	The total number of the Additional Trust Units of not exceeding 1,100,000,000 
units will be issued and offered for sale as per the details as follows:

	Portion 1 	Not exceeding 990,000,000 units will be issued and offered to 
eligible existing unitholders of CPNREIT whose names listed in the unitholders
register book at book closing date for determining those who are entitled to
subscribe for the Additional Trust Units on 5 April 2024 (the "Eligible
Unitholders") according to their proportion of unit holding, excluding those who
may cause CPNREIT to have obligations under foreign laws (Preferential Public
Offering). The subscription ratio herewith is 1 existing unit per 0.3855
Additional Trust Unit.

			After the allocation of the Additional Trust Units to the Eligible 
Unitholders, the REIT Manager reserves the right as deems appropriate to
allocate the remaining Additional Trust Units to the Eligible Unitholders (which
may include Central Pattana and/or its Associated Persons) who express their
intention to subscribe for the Additional Trust Units in excess of their
subscription rights, at the same time with or after the allocation of Portion 2
below. In the case of any fraction remaining from the allocation of the
Additional Trust Units to the Eligible Unitholders, it shall be rounded down to
the nearest full number.

			The preliminary list of countries (as at the latest book closing date on 1 
March 2024), in which the right to be allocated the Additional Trust Units is
restricted, and for which the REIT Manager will consider whether the said
allocation may cause CPNREIT to have obligations under foreign laws (the
"Restricted Territories"), is as follows : (1) Canada; (2) Germany; (3) Japan;
(4) South Korea; (5) Taiwan; (6) United States; (7) Malaysia;  and (8) any other
countries in which the allocation of the Additional Trust Units to the existing
unitholders of CPNREIT may cause a violation of laws or regulations applicable
in foreign countries, by CPNREIT, or result in additional burden or action to be
taken by CPNREIT beyond those required by Thai laws. In this regard, the REIT
Manager reserves the right to announce the amendment and/or addition to the list
of the Restricted Territories on the CPNREIT's website (www.cpnreit.com) and/or
the website of the Stock Exchange of Thailand (the "SET") (www.set.or.th),
prior to the subscription period of the Additional Trust Units.

	Portion 2	Approximately 110,000,000 units together with the units remaining 
after allocation and/or subscription under Portion 1 will be issued and offered
for sale under (1) private placement and/or (2) public offering as deemed
appropriate and according to relevant regulations, at the same price of the
offering units under Portion 1 above.
			In the case that there are remaining units after offering under Portion 1, 
the REIT Manager reserves the right as deems appropriate to allocate such
remaining Additional Trust Units to the Eligible Unitholders (which may include
Central Pattana and/or its Associated Persons) who express their intention to
subscribe for the Additional Trust Units in excess of their subscription rights,
but are not allocated the Additional Trust Units in full in accordance with
their intention. In the case of any fraction remaining from the allocation of
the Additional Trust Units to such subscribers, it shall be rounded down to the
nearest full number.

	In any event, the REIT Manager will not allocate Additional Trust Units to any 
person or their Associated Persons which will cause them to hold more than 50
percent of the total issued trust units.

2.	Maximum offering price
	The maximum offering price of the Additional Trust Units (the "Maximum Offering
Price") will be announced on the CPNREIT's website (www.cpnreit.com) and/or the
SET's website (www.set.or.th) within 22 April 2024, provided that the  Maximum
Offering Price will not exceed Baht 11.20 per unit.

3.	Final price
	The REIT Manager will announce the final offering price of the Additional Trust
Units (the "Final Price") on the CPNREIT's website (www.cpnreit.com) and/or the
SET's website (www.set.or.th) within 29 April 2024, provided that the Final
Price will be determined from the survey on demand for purchase of the
Additional Trust Units from institutional investors (book building process)

	In case that the Final Price is lower than the Maximum Offering Price, an 
underwriter who accepts the subscription money will repay the difference of
subscription amount between the Final Price and the Maximum Offering Price to
the investors who make the payment for subscription for the Additional Trust
Units at the Maximum Offering Price. Payment methods and details of which are
set out in the prospectus.

4.	Subscription period and channels
Portion 1 	To offer to eligible existing unitholders whose names are listed in 
the unitholders register book according to their proportion of unit holding
(More details in the attached file)

Portion 2 	To offer under (1) private placement and/or (2) public offering
(More details in the attached file)

	The REIT Manager reserves the right to amend any pertinent details as 
appropriate, such as the details about the offering for sale, allocation, and
subscription of the Additional Trust Units, including, but not limited to, the
book closing date for determining the existing CPNREIT unitholders who are
entitled to subscribe for the Additional Trust Units and the subscription ratio
for the Additional Trust Units. The REIT Manager also reserves the right to
amend and/or add to such list of the Non-Restricted Territories, the Restricted
Territories, and the Exempted Offerees based on the book closing date for
determining the existing CPNREIT unitholders who are entitled to subscribe for
the Additional Trust Units which is scheduled to be on 5 April 2024. In the
event of an amendment, the REIT Manager will announce the relevant details on
the CPNREIT's website (www.cpnreit.com) and/or the SET's website
(www.set.or.th), as considered appropriate.

	The securities referred herein will be offered for sale according to the rules 
under the applicable laws and regulations.

	Please be informed accordingly.

          Sincerely yours,
-Pattamika Pongsurayamas-
(Miss Pattamika Pongsurayamas)
Chief Executive Officer
CPN REIT Management Company Limited
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.