higher than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased from 34.4% to 24.0%. Selling, General

design and printing provider for media production, especially BTS Sky Train and Office media wrap. MACO expects to obtain GSG’s expertise in media production and installation to support the Group’s media

in the first quarter of 2016; the group started the contract renewal with the main customer with conditions in the contract requiring the group to train, supply uniforms and provide safety equipment to

transport hubs e.g. train stations in the major cities of Tokyo, Osaka and Nagoya. With a format that is not more than 200 square meters in size, these locations generate outstanding sales and provide much

that by the end of 2017 there will be a total of 19 cafés in operation. The expansion of the café format will be targeted in urban areas with high density population and transport hubs e.g. train

Company has sent employees to Hong Kong to train and prepare for the opening of the Hong Kong branch • Expanding opportunities for growth by initiating dessert café establishment in China, aiming to

enterprises customers, for example: the project of train tracking system development and cargo management of the State Railway of Thailand, the Project of Geographic Information Acquisition and Development for

Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line

Public Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT

entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand ( the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line Project