aiming for production automation in Thailand under the “Delta Smart Manufacturing” scheme. Liabilities and Liquidity As of 31 December 2019, the Company’s total liabilities amounted 12,952 million baht, a

forward, MACO is aiming to fulfill the outdoor media network nationwide following the allocation of advertising spending and urbanisation trend into provincial cities in upcountry, to convert existing

% for 2017. Going forward, MACO is aiming to modernise the outdoor media network in upcountry to respond customers’ demands and create value added to the Company’s portfolio by converting existing

value of the projects after deducting the value recognized of over than 1.7 Billion Baht. The Company is aiming to sell and develop the projects as planned in the next 1 – 2 year later. In addition, the

Thailand and the Health Ministry of Thailand for recreational and tourist spot. The group also supports the government policy by joining the campaign “We Travel Together” which aiming to promote the “New

plan (2015 - 2517), the Company has been building foundation and strength of the organization to support future growth including 1) investments in plant, machinery, and office renovations, aiming at

project abroad. 8. Expected benefits to be derived The divestment of investment in the three biomass power plants is carried out in accordance with UWC’s revised business plan and strategies, aiming to

into this transaction is consistent with the strategic plan in the business operation of the Company, which emphasizes on investment expansion in line with the strategy aiming at growth alongside the PTT

strengths for future business growth, i.e. investments in plant and machinery, aiming at higher production efficiency, reduced production cost, quality systems improvement, investments in research and

in equipment are mostly for replacements and improvement of production capacity and efficiency aiming for a production automation under the scheme of “Delta Smart Manufacturing”. Comparison of net book