capital for marketing and after sales services operation in order to support new business operations of the conglomerate as planned. 4. Description of the asset to be disposed of 4.1 General Information

20 million. It is included as part of the cost of sales, resulting in lower gross profit and gross profit margin than the gross profit and gross profit margin of the first quarter of 2020. Smart

184.35% Cost of Sales 140.12 41.02% 47.20 39.29% 92.92 196.86% Gross Profit 201.47 58.98% 72.93 60.71% 128.54 176.25% Selling Expenses 87.56 25.63% 4.97 4.14% 82.59 1661.77% Administrative Expenses 53.48

3,164 million1. The total investment value will not exceed USD 350 million or Baht 11,073 million1. Summary of investment structure 1 Exchange rate at Baht 31.6373 per USD 1, which is an average selling

and the shareholders structure is as follows. # Shareholder No. of shares % 1 Mrs.Chawpech Pisutthanan 494,400 98.88 2 Mr. Sathit Sengsomwong 2,800 0.56 3 Mr. Thanawis Pisutthanan 2,800 0.56 Total

million, divided into 50,000 ordinary shares , par value THB 100 and the shareholders structure is as follows. # Shareholder No. of shares % 1 Mrs.Chawpech Pisutthanan 494,400 98.88 2 Mr. Sathit Sengsomwong

the prior year, the Company had revenue from sales of set-top box in accordance with the Digital TV subsidy program (phase 2) by the NBTC. Related technology business The Company had revenue from

% 20.4% Sales profit 1.18 0.2% 0.88 0.1% 0.87 0.1% -1.1% -26.3% Profit before finance cost and income tax expenses 172.29 21.9% 187.63 22.1% 178.46 21.5% -4.9% 3.6% Bank Charge (6.79) -0.9% (5.09) -0.6

Group’s cost structure is characteristically higher than MACO’s core business, as a result of higher computer, software and installation expenses. The cost of sales comprised of cost of advertising services

1,309mn, essentially from the disposal of land plots at Charansanitwong and remaining units of Park Aran Boulevard project and (ii) no current portion of receivable from sales of investments in subsidiaries