significantly by 139.5% YoY to THB 1,791mn, predominantly due to the full quarter consolidation of the acquired hotel business in Europe (Vienna House), the consolidation of assets from the Entire Business

percent, due to the increase in short-term loan of Baht 18.40 million, increase in trade accounts payable and other accounts payable of Baht 25.98 million, increase in provision for post-employment benefits

1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ

due to high price competition in the marketplace.The sale income from the new business acquired on April 2018, operating manufacture of skincare products, cosmetics, food supplements and medical used to

Quarter 2020 and 2019 amounted to THB 67 million and THB 100 million, respectively. The decrease of financial by THB 33 million mainly resulted from repayment of short-term loan USD 20 million in last year

offset by increase due to interest on account default in repayment of Loan and Standby Letter of Credit (SBLC). 6. Other expense The Company and subsidiary did not record any other expenses during the

Board No. TorChor. 12/2554 Re: Rules, Condition and Procedures for the Acquisition of Securities for Business Takeovers (the “Notification on Securities Acquisition for Takeovers”). The Company and/or its

used to repay corporate loan, refinance existing corporate debts and project finance to reduce interest rate and extend tenors. Successful BGYSP acquisition BGYSP acquisition successfully completed in

in the related fields, and is currently holding the position of President of MDP. These investors are not a related person of HTECH Type of Business of MDP MDP manufactures, distributes, and provides

compensation rates of medical staff secured for the future business expansion. Financing Costs The Company and its subsidiary’s financing costs in relation to the loans from financial institutions and related