1 MD&A 3Q 2018 (ended 30 September 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 6 NOV 2018 MEDIA INDUSTRY Outdoor media has presently become the go-to choice for advertising. It’s
share (Baht) 0.03 0.06 (0.03) * According to the adoption of Thai Financial Reporting Standard No.9 Financial Instruments since January 1, 2020, the Company reclassified loan from financial institution
no futher consideration the related issue. 3. Appointment of Independent Financial Advisor (IFA) to give the opinion on the acquisition of assets and also submits this opinion to Securities and
consideration. The Company will utilize the proceeds from the capital increase to redeem debentures of the Company Group and/ or repay loans from financial institutions due to the group issuing and offering bill
บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Year 2019 Ended December 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to
value of consideration basis. The highest transaction value is derived from this method of calculation, whereby the, calculation is based on the Company’s reviewed consolidated financial statements for
expanded more than year 2016. In addition, the expansion of automotive industry and tourism sector were said to be another two significant factors that stimulated Thai economic growth for this quarter. The
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