primary listing regulations will apply as well. Nonetheless, in case of the holding company founded in Thailand and owned by Thais but investing in the subsidiary founded offshore which operates core

net loss of THB 92 million in 2Q17. For core business, excluding the gain from the sale of investments, the Company reported EBITDA of THB 107 million and net loss of THB 29 million, representing yoy

voluntary tender offer for the entire securities of PB. (5) Purpose of transaction : To reduce its investment proportion in non-core business, as well as to receive capital gain on the sale of shares. (6

the charity education project. Furthermore, the Company wants to reduce investment in non-core business. (9) General description of connected transaction Type of transaction : Transaction relating to

profit was Bt104.3mn, decreasing 28.2% YoY • Total revenue from core business was Bt667mn, decreasing 17.1% • Banking agent business (of which the Company is the agent for 6 commercial banks: KTB, KANK

, increasing 0.2% YoY, which is all-time highest number.  Total revenue from core business was Bt3,147mn, decreasing 5.7% YoY.  Number of “Boonterm kiosk” was 130,481, increasing 0.3% YoY.  Banking agent

18.3% QoQ.  Total revenue from core business was Bt735mn, increasing 10.2% QoQ.  Banking agent business (of which the Company is the agent for 6 commercial banks: KTB, KANK, BAY, GSB, BAAC, and SCB

since mid of the quarter)  Net profit was B127mn, decreasing 15.4% YoY – from Covid-19 pandemic and effect of new accounting standard adoption of Bt1.41mn.  Total revenue from core business was Bt729mn

% 469.70 58.4% 466.66 59.8% -0.7% -3.0% Advertising income 4.04 0.5% 2.71 0.3% 3.41 0.4% 25.8% -15.6% Total revenue from core business (3 items) 831.82 100.0% 804.20 100.0% 780.16 100.0% -3.0% -6.2% Cost of

2 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Financial Summary Income Statement Total revenue Total revenue from the core business in 1Q19 was