Analysis (MD&A) Consolidated Financial Results: 3Q18 Major Events Performance Business Plan Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 2 of 15

contract in the amount of THB 78 million. As for BCP Trading Pte. Ltd. , the company recorded more revenue from the amount of trade transaction and the significant increase in oil price. Management

version) are shown in enclosure 2 and 3. 3. Approved the joint venture in J Fintech Co., Ltd. ("Subsidiary") with KB Kookmin Card Co., Ltd. ("KB") by approving: the entering into the Master Transaction

. The transaction is expected to be completed within March 2020. RIGHTS OFFERING AND DIVIDEND PAYMENT  In March 2019, the Company received proceeds from a rights offering (“RO”) of THB 328mn through new

recorded one-off expenses related to the COMASS transaction and to the bidding of street furniture media concessions in Myanmar. The increase in SG&A from Digital Services is mainly due to Rabbit Group’s

Gross profit 1 (%) 55.1% 58.2% Current ratio (times) 2.0 1.4 Operating EBITDA (%) 23.5% 37.3% Quick ratio6 (times) 2.0 1.4 Net profit (from operation) (%) 14.1% 24.3% Account receivable turnover (times

acquisition is a strategic step for MACO to gain control over PBSB, enabling us to maximise the selling capacity of PBSB’s network and develop marketing channels in oversea markets efficiently. This transaction

sector at 21.3% and manufacturing and commerce sector at 20.9% of total loans. Table: Loans to Customers Classified by Type of Businesses (Unit: Million Baht) Loans to customers classified by type of

(Enclosure 4) 1 (-Translation-) Information Memorandum on the Connected Transaction and Asset Acquisition of Master Ad Public Company Limited pursuant to Schedule 2 of the Notification of the Board

including but not limited to e-commerce, VOIP business and 3rd party payment service provider and other related business, and details are as follow: Joint ventured affiliate company PChome (Thailand) Co., Ltd