commenced after all conditions are completed. For more detail, see “Resolutions of the Board of Directors Meeting Regarding Connected Transaction on the Offer to Tender the Entire Ordinary Shares of CSL
issued shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Phillipines. The shares acquisition transaction was subject to the approval from the meeting of the
Million Baht, debentures (net) of 2,299.7 Million Baht and advances and deposits received from customers of 4,001.2 Million Baht, deferred tax liability on gain from JV transaction of 1,897.6 Million baht
Sign’s acquisition back in October 2016, we once again strengthen our billboard network by acquiring 70% of COMASS with total investment value of THB 335mn in June 2016. This transaction increased MACO’s
expense associated with the land sale including the transaction costs and taxes from land transfer as well as the marketing and promotion expenses. Administrative expense in 2017 stood at THB 1,385.2 mm
equity attributable to non-controlling amount Baht 9.00 million. (In 2016, has not transaction). Management's Discussion and Analysis and operating results for the Year 2017 Page 8 / 10 6. Financial ratios
investment units, or [ii] suitability of making such transaction. Division 2 Appointment of marketing representative of private fund ___________________ Clause 10 In appointing a natural person to be a
management company for execution; (4) providing consultation relating to [i] selling or redeeming investment units, or [ii] suitability of making such transaction. Division 2 Appointment of marketing
construction under a concession arrangement at actual cost amounting to Baht 131.3 million. No gain and loss from recognized sales and cost of construction under a concession arrangement transaction. 4 Cost of