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Limited Q4’18 and FY18 Management Discussion & Analysis 27 February 2019 Q4’18 and 2018 Management Discussion & Analysis Page 3/7 The success of our small brands with herbal benefits help stabilizing
distribution of food supplement products will help expanding the distribution channels for the Company. 11. The Opinion of the Audit Committee and/or the Directors of the Company which Differs from the Opinion
proportion to respective holding. The transaction is expected to be completed in 3Q19. This asset restructuring will allow the Company to raise fund for business operations and expansion as well as to help the
Company for fully subscribing the Right-Offering of THB 1,502.67 million. This funding amount will help in reducing financial costs and providing additional working capital for production. Overview of World
within August 2019. This would help us to gain control over the operation in PBSB, which will allow MACO to maximise selling capacity across PBSB’s existing network and for us to develop marketing channels
response will help us connect more effectively with over 40 million people wherever they are. In addition, our Board of Directors has approved a 23% investment in Kerry Express (Thailand) Limited4, the
1.2% QoQ to stay at Bt610 despite elevated pricing competition. CSL was delisted and will help capture growth in enterprise. The acquisition of CSL has completed with AWN successfully bought 98.96% of
developing consumer products to sell in D&D stores and other distribution channels to help the Company generate more revenues. In the future, the company plans to focus on low-cost investment and maximize
aggressive campaigns remained in targeted areas. After completing spectrum auctions in 3Q18, overall 4G networks have improved following the deployment of the additional bandwidth, which is expected to help