. The growth in this business unit was mainly driven by full-quarter consolidation of International Advertising operated by VGI Global Media (Malaysia) Sdn. Bhd. (“VGM”), which started in July 2019

line with the growth in the industry, coupled with, pent up demand during lock down period. - Food business: new format and new store concepts have been implemented to serve the lifestyles of our

. Data from the Bank of Thailand indicate that the land price index in Thailand grows continuously, with an average growth rate of 6.15 percent during 2008 - 2018. Moreover, the Agency for Real Estate

Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA

. (1) Expand opportunity to enter into skincare, cosmeceuticals or cosmetics and medical business, which has positive growth trend and being one of government business enterprise support as Policy

and the Company’s shareholders as follows. (1) Expand opportunity to enter into skincare, cosmeceuticals or cosmetics and medical business, which has positive growth trend and being one of government

shareholders as follows. (1) Expand opportunity to enter into skincare, cosmeceuticals or cosmetics and medical business, which has positive growth trend and being one of government Ref. WINNER 0009/20108 Page 9

half of the year. Against the backdrop of the global trade slowdown and uncertainty over US trade policy, merchandise exports in 2018 expanded by 7.7 percent, down from 9.8 percent growth in 2017

capital. The Company expects the following benefits: 1. To use for the investment in other main business expansion of the group of the company to the Organic and Sustained growth. 2. Could get a better

Discussion and Analysis 2019 Management Outlook The Company still concentrates on the strategy of managing the quality of Boonterm kiosk location with the ARPU management more than 5% growth and the total