Share Sale and Purchase Agreement. 11. Opinion of the Board of Directors The Board of Directors deems it appropriate to approve the entry into by the Company of the Transaction and has the opinion that

”) is managing advertising space on 31 stations and 58 trains of the Klang Valley Mass Rapid Transit system, or MRT, in Malaysia, with the SBK Line – one of the system’s main lines – recording more than

within the 4th quarter of 2018. VGM is a holding company investing in media companies in the mass transit, airports, cinemas, highways, major supermarkets and office buildings advertising segments. The

as of 31 March 2018, an increase of Baht 3 million or 0.70% from last year-end as a result of higher goods in transit. Liabilities : As of 31 March 2018, GC recorded total liabilities of Baht 853

consisted of; 1. Trade and other receivable decreased Baht 73.35 million. 2. Inventories decreased Baht 950.10 million, mostly from goods in transit as of December 31, 2018 which was imported according to

stores in Bangkok continue to be affected by construction work for the mass transit system. In addition, the company has organized various promotional activities, such as the HomePro Expo during 15-24

decreased Baht 78.77 million. 2. Inventories decreased Baht 822.68 million, derived mostly from decrease in goods in transit at December 31, 2018 which was imported according to purchase orders and already

the entry into such supporting normal business transaction is justified and will benefit the Company. Such Connected Transaction is considered at arm’s length basis. This transaction was considered and

. For the year 2018, there was the reversed entry of the allowance for doubtful accounts greater than this year for 2.43 Million Baht. 4. There is an increase in administrative costs due to the increase

is a holding company, which engages in OOH media business in various segments, including Transit, Office and Aviation in Malaysia and Indonesia. INDONESIA  In April 2019, the red line (North-South) of