connected transaction according to the Notification of the Capital Market Supervisory Commission No. Tor Chor 21/2551 Re: Rules on Connected Transactions and the Notification of the Board of Governors of the
the financial support to G Steel Public Company Limited (“GSTEL”), the Company’s major shareholder. This financial support was deemed as a connected transaction according to the Notification of the
UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market
UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 30 Notification of the Office of the
had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the first quarter of 2018 was at 49.2
with digital screens. Currently, MACO has a total of 35 digital screens covering 32 provinces under management. June • Acquired an additional 30% in Multi Sign Company Limited (“Multi Sign”) with a total
THB 0.8 Mn. This was mostly due to the loss from recently acquired Thai food business “Tummour” and premium Japanese food brand “Sushi Cyu”. Net Profit The net profit decreased from THB 89.6 Mn in 2016
acquired in 2016 and 2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Padaeng Industry Public Company Limited and its subsidiaries (“the
, 36 MW solar farms in Thailand have been acquired in 2016 and 2017. The revenues from renewable energy are starting to contribute a significant portion of the profits since 2018 onwards. Subsequently
acquired since December 15, 2015 had income from operations from the acquisition date to December 31, 2016 in amount of Baht 494.63 million. Other income of the Company and its subsidiaries in 2016 was in