expected benefits from the transaction are 1) increasing exposure to new opportunities in overseas markets, especially in South East Asia countries where the advertising market is still immature, 2

4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018

decreased of 234.5 MB and 94.3 MB, respectively, due to the governmental projects in the first half of 2017 were relatively small and delayed. The Company also faced a higher market competition. Besides, in

last year. However, the Company has expanded market to industrial sector and household sector in order to maintain overall LPG volume, resulted in increased LPG sold to industrial sector 55.26% and to

acquisition of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/ 2551 re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of

Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to

borderless marketplace of the ASEAN Economic Community (AEC). Given the increased degree of uncertainty in global economies, especially pressure from a looming trade war among core economies and their

the start of mass production of this product this year to serve Asia market. In addition, Merchant Power (MPBG) sales rose 12.0% from 2016 and 24.5% from 2015. The company has developed more variety of

in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export price of the first quarter of 2019

Custom Design power supplies also steadily growth at 7.6% and 6.0% respectively Sales revenues breakdown by geographic location In 2018, sales revenues in Asia market represents the highest proportion, 46