domestically with the expansion of new mass transit lines which provides an opportunity for greater growth in our street furniture business. Selective digital conversion will help increase the media value of our
domestic business due to higher expenses from concession in Transit and Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased
, Hygiene and Lifestyle. Each vertical has a dedicated management team tasked to consolidate its asset footprint to capture combinatory synergies. This is progressing well to date in 2020. The Lifestyle
currently under construction with the expected opening date in 4Q18, having secured major tenants and anchors, such as the department store, supermarket and cinema. It is also progressing its lease agreements
the Agreement in respect of the Project for Technology Improvement of Advertising Media on the Pillars of Bangkok Mass Transit Stations (Sukhumvit and Silom Lines) dated November 1, 2018 between Bangkok
Clause 3.2 (Renewal) of the Agreement in respect of the Project for Technology Improvement of Advertising Media on the Pillars of Bangkok Mass Transit Stations (Sukhumvit and Silom Lines) dated November 1
the Project for Technology Improvement of Advertising Media on the Pillars of Bangkok Mass Transit Stations (Sukhumvit and Silom Lines) dated November 1, 2018 between Bangkok Mass Transit System Public
Method of the businesses involving advertising media management with Mass Rapid Transit (“MRT”) in Malaysia and Kuala Lumpur International Airport (“KLIA”). 9. Expected Benefits for the Company 1. The
expected to increase further, following the acceleration in the disbursement on infrastructure projects. In addition, the development of the Eastern Economic Corridor (EEC) projects has been progressing
and traditional media have peaked and they will be surpassed by OOH media (Outdoor, Transit and In-store media) and digital/online spending in a near term. To capture the key components of industry