from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the
agreed by the parties. The arbitrator shall determine whether to hold hearings or to take verbal or written assertion, or whether the proceeding shall be conducted solely upon the basis of documents or any
determine whether to hold hearings or to take verbal or written assertion, or whether the proceeding shall be conducted solely upon the basis of documents or any other evidence. Clause 22. If it deems
landscape, the trend has shifted from solely focusing on OOH media platform to an integrated platform that combines offline and online media. This new approach has proven effective in helping advertisers
: 02-455-2888 Fax: 02-455-2763 Notes: Acquisition value 190.86 MB is calculated by List MB Land at book value as of 31 December 2017 93.45 Land that bought from connected persons 41.55 Development cost
because of the Company had more account payables. Net cash flows used in investing activities increased since the Company bought machines and equipment as needs. No net cash flows used in financing
shall be increased if customers bought device with package. Trend of AIS Sim subscribers increase in line with compensation package increase Oct 2018 Nov 2018 Dec 2018 Jan 2019 The number of SIM 9,053
activities decreased since the Company bought machines and equipment as needs. No net cash flows used in financing activities in 2017, as the year 2016 The optimal capital structure The Company had Debt to
the development of land and building of animal shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned