
SET-listed retail and property developer Central Pattana Plc (CPN) plans to spend 20.7 billion baht to expand its business this year.
Of the total, 9.7 billion baht will be spent to develop a retail-led mixed-use project, 7.5 billion is slated for asset enhancement including store renovation and the remaining 3.5 billion is for the extension of office buildings and hotels, according to Wallaya Chirathivat, president and chief executive of CPN.