due to the 330mTHB term loan used to acquire Saraburi Quicklime as no further long-term liabilities have been added and the older term loan in Golden Lime continues to be paid down. The outstanding long

In order to leverage the market leading position in Thailand and expand to overseas markets, Osotspa will acquire 60% ownership in Osotspa VTA Joint Stock Company to carry out the trading business of

the office building portfolio, in line with the year-end target to acquire 10 additional building contracts. The performance of this business is expected to improve in the remaining quarters in line

291.75 mn with the purpose to acquire the land sublet right in order to support the business expansion in Si Racha district, Chonburi. After the transaction, shareholding proportion in Dara Harbour Co

the total 40 million shares of Dara Harbour Co., Ltd., from Property Perfect Public Company Limited for the amount of THB 291.75 mn. The purpose of the transaction is to acquire land sublet right to

172 buildings), achieving the year-end target to acquire 10 additional office buildings ahead of schedule. The Group also benefited from the ongoing momentum in the Outdoor media segment, which saw

; and the Agreement to Acquire and Dispose Assets of “Wuttisak Clinic” 21 branches total value of Baht 220 million. The company will start operate and recognize revenue on February 10, 2018. 7.5 Focusing

and will acquire another 19% in 2020 with the total investment of THB 613 million. Unit: THB mn 1Q19 1Q18 Change Hotel business 1,171 1,364 -193 -14.1% Education business 118 122 -4 -3.3% Food business

Repayment of LT borrowings 7,789 Cash paid for acquire net asset from business acquisition 22 Cash increase 2,153 Total 40,127 Total 40,127 6 2Q19 MD&A Advanced Info Service Plc. 2019 MANAGEMENT OUTLOOK

implementation. Since then, the Company has started to gradually re acquire the old customers who had established alternative supply sources through competitors or resorted to cheaper imports. Overall Domestic HRC