within the 4th quarter of 2018. VGM is a holding company investing in media companies in the mass transit, airports, cinemas, highways, major supermarkets and office buildings advertising segments. The
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
is a holding company, which engages in OOH media business in various segments, including Transit, Office and Aviation in Malaysia and Indonesia. INDONESIA In April 2019, the red line (North-South) of
charges against officials of the Bangkok Metropolitan Administration (BMA) and the two companies - Krungthep Thanakom Co., Ltd. (KT), Bangkok Mass Transit System PLC (BTSC) ? including their executives for
property and equipment amounting THB 7.4 mn equivalent to 3.5%. This decrease is due to the depreciation on useful life of assets. The property and equipment totaled THB 205.0 mn equivalent to 94.3% of total
climbing to 1. 7mn. The mobile money platform under a joint venture, Rabbit LINE Pay, expanded its payment coverage to the sky train mass transit and grew monthly active users to 850,000. The enterprise
), relating to the acquisitions of equipment and computer software; 2. Commitments in respect of the operating lease agreements The Company and its subsidiaries have entered into the operating lease agreements
domestic business due to higher expenses from concession in Transit and Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased
higher than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased from 34.4% to 24.0%. Selling, General
the Agreement in respect of the Project for Technology Improvement of Advertising Media on the Pillars of Bangkok Mass Transit Stations (Sukhumvit and Silom Lines) dated November 1, 2018 between Bangkok