been converted into THB at an exchange rate of THB1:IDR462 and USD at an exchange rate of USD1:IDR13,999 as of 11 December 2019 3 GDP data as of 2018 based on Euromonitor report 4 Sector loan CAGR of 15
allocate more of their advertising budget towards the out-of-home sector, in order to benefit from and keep abreast of these trends. Master Ad Public Company Limited (“MACO”) is well-positioned to benefit
its newly issued shares within Q2 2020/21. The remaining of 10.0% investment through the purchase of existing shares is expected to complete within Q3 2020/21. About VGI Vietnam VGI Vietnam is a leading
improvements from inflation benefiting from a recovery trend in the tourism sector, despite the arrivals remaining slower than expected. Mobile industry was affected by the softened local economic activities
the TV sector and traditional media have been in decline and is expected to be surpassed by OOH media (Outdoor, Transit and In- store media) and digital/online spending in the near future. Master Ad
quarter of 2018, credit demand improved from the previous quarter, due to SMEs’ requirements for working capital and inventory build-up purposes, especially in the agricultural sector. Demand for loans from
Sector Allocation / Top 5 of Issuer Allocation Front-end fee Back-end fee Switching-in fee Switching-out fee Transfer fee Remark
of continuous expansion of Thailand’s economy. This is mainly driven by export sector, which enables to be well expanded including with gradual recovery of domestic economy significantly driven from
shareholders structure is as follows: LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2019 Page 3/22 Thailand's Private Sector Collective