amount of 1,437,456,000 shares offered for initially offering to the public. Such ordinary shares have a par value of THB 5 per share, which was offered at the price of THB 5. 20 per share, totalling the
million due to the new labor law effective in the second quarter of 2019. As a result, it stipulated compensation for employees who have worked continuously for 20 years with their rights to receive
preserving cash flow, we ensure that we have the financial flexibility to lead, compete, and pursue growth prospect in any changing circumstances. The dividend payment shall still be made twice a year and is
projects was around 50-60% as planned and expected to be ready to transfer from 1Q18. Presales have started since January 2016 and CPN achieved 100% take-up for all three projects at the end of October 2016
support from the new Shareholder, we are positive to be more competitive in term of cost resulting the positive bottom line is achievable. Refer to the HRC price in Q3/17, we have seen the improvement of
according to plan and we are increasingly able to leverage synergies. These synergies, have resulted in successfully launching several new campaigns that are more targeted and measurable through data
future growth. The dividend policy is thus revised to a minimum 70% payout of net profit from 2017 onwards. By preserving cash flow, we ensure that we have the financial flexibility to lead, compete, and
expected higher hotel management revenue from increasing signed contracts. In the meantime, administrative expenses have increased from the advisory fees of Mixed-use Project, corporate restructuring project
the la m. 29.5, comp wah, and a one parcel o ng Chiang M with a total ar ge facility; t, Mueang K f land, with a age facilities; a Province, c re wah, and will not have L do not eng Company. I costs and
‘station sponsorship’ campaigns have generated THB 84mn of revenue for our Transit media. The third quarter of 2017/18 (ended 31 December 2017) 4 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017