No: 001/CRI/SS/I/2019 Subject: Central Neo Soho Announcement

Dear All Business Partners,

As we have completed 2018 with various successful collaborations with you,
then please allow us on this occasion to express our deepest gratitude
to you for the support given to Central in the past few years.
2018 is one of the best years for Central, 
especially for Grand Indonesia stores.

Different things and certainly you understand,
the Central Neo Soho store has not been going well since its opening in 2016
even though we together with you never stop fighting and try to do the best kinds
of efforts for this store since the store opened up to the time this.
After evaluating the mall tenants and mall traffic conditions intensively and deeply,
we must dare to decide with a very sorry feeling and because
there is no choice but to close the Central Neo Soho store in February 2019.
This decision is the hardest thing we have to do because
We have never experienced a situation like this before in more than
70 years managing a department store business in Thailand. 
However, if we continue the Central Neo Soho shop, 
it will certainly be a big burden not only for us but also for you.

The closing of the Central Neo Soho store will be effective starting February 18,
2019 and we will do "Closing Down Sale" from January 14 to February 17, 2019.
Let us see this opportunity as a good opportunity for all of us to spend
last season's merchandise. Central Neo Soho Mall and Central Park Mall
will help promote this event maximally and
effectively to ensure the success of this program for you.
Let us invite you to participate and give full support for this
"Closing Down Sale" event.

We will inform the ladies and gentlemen about the details
of the technical implementation of this event 
immediately separately by our team.

As for Central Grand Indonesia, we will continue to improve our offers
and services and we will work with you to continue to improve
the business for mutual benefit and sustainable success for both parties. 
Together with you, we are confident that Central Grand Indonesia
will become one of the best department stores in Indonesia. 
Your full partnership and support is always and very appreciated.

Let us express our sincere gratitude for your full cooperation
and support from the beginning until now. 
We also pray that you will always be given health, 
happiness and prosperity in the New Year.