. In 2018, the Company devises the strategic plan to manage the ARPU. It is expected that the proportion of cost of services will return to a normal state in 2018. 2) Service & Administrative expenses

MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty.  Consolidated revenue decreased by 25.9% YoY to THB 512mn o

announced in many countries, severely impacting both the tourism service sector and related businesses. Meanwhile, merchandise exports shrank as the global demand weakened due to lockdown measures and supply

economic growth and seasonal demand for loans at year-end. The brighter prospect for loans may also come from an extraordinary factor, as rising demand is anticipated before the measures to curb mortgage

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 1 Table of Contents Page Executive Summary 5 Secion 1 Request for approval to sell

, businesses and payment have shifted into the digital realm. Meanwhile, cyber threats have become more sophisticated, as seen from their application of state- of-the-art technologies. Against this backdrop

compensation from NBTC partially covered revenue loss. After gradual lifting of lockdown in late May-20 and economic activity slowly resumed, there were pent-up demand led to rebound in new acquisition and

the need of low-end segment amid economic difficulties. Home broadband, on the other hand, received strong demand from consumers needing to work and study at home amid the government’s tightening

the third quarter of 2017. As commercial banks prioritized managing liquidity at a level appropriate for ebbing demand for loans amid repayment of loans from businesses, government sector and SMEs, net

in the increase of the liquidity of the Company, accommodating the need for the cash flow of the Company by its demand. 4. Description of asset to be disposed of Details of NML are as follows: 4.1