expanding of production line. By the way, no significant change in sales and service income of Quarter 4 compared to Quarter 3 2019, except sales of electricity of Solar Energy Power Plant which increase by

mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth in all businesses. As a

capital to marking our core mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth

believe there are good potential business opportunities in the ASEAN market – which is one of the fast growing regions in the world. We expect our strategy of expanding our businesses in overseas markets to

consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic

Group in expanding the out-of-home media business overseas. This opportune time will allow MACO to strengthen and advance its media network in Malaysia and potentially enter into Indonesia. In the next 1

international business expansion vehicle for VGI. Strengthening its international footprint is an integral part of MACO’s strategy and VGM will be the flagbearer in expanding its Out-of-Home (“OOH”) media

occupancy rate from the main source countries: China, Russian and Korea. Dusit Thani Manila Hotel reported 8.9% revenue growth (in Peso currency) driven by an expanding room inventory after the completion of

business we’re notably expanding the portfolio through new condominium project launches, targeting niche segments with an excellent design concept derived from extensive experience of our partner Sansiri. At

support our aspiration in 2019, we ensure to allocate sufficient capital to marking our core mobile leadership and expanding other businesses. As process digitization continues, operating expense is