Investment in Underground Optic Fiber Network Project On February 5, 2019, the Company and ALT Telecom Public Company Limited (“ALT”) had entered into a Shareholders Agreement for the participation in the

) Co,.Ltd. 2 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2017 MD&A FY 2017 (ended 31 December 2017) 12 FEB 2018 IMPORTANT EVENTS IN 2017 - On 30 March 2017, Eye On Ads Company Limited, a wholly-owned

ใตด้นิ (Underground Optic Fiber Network) โดยมสีดัส่วนการถอืหุน้รอ้ยละ 49 และรอ้ยละ 51 ตามลําดบั ซึง่ผูร้ว่มทุนทัง้สองฝ่าย ตกลงจะจดัตัง้บรษิทัร่วมทุนในประเทศไทย โดยมทีุนจดทะเบยีนจํานวน 1 ล้านบาท แบ่งออก

of Eye On Ads Company Limited, a wholly-owned subsidiary of MACO, to acquire 70.0% of COMASS Company Limited (“COMASS”) with a total investment of THB 355mn. With 19 years of experience, COMASS secured

: Name Shares % 1. Mr. Weng Sam Lam 27,000 5.50% 2. Mr. Yongyot Engchuan 4,500 0.92% 3. Mr. Suphap Wongchinda 58,500 11.93% 4. Eye On Ad Co., Ltd. 400,464 81.65% Total 490,464 100.00% e) Financial

: Under the "AIS Fibre 3" and "3BB Fibre 3" brands. AIS offers high-speed internet services to both residential and business customers. With fiber optic network covered 13.3 million households nationwide

”) media business overseas. (please find more details of VGM business as below photo.) 81.65% Trans.Ad Group 89% 100% % MACO Eye on Ads Trans.Ad Roctec 11 FEB 2019 3 MASTER AD PLC MANAGEMENT DISCUSSION

”) successfully acquired 70% in Co-mass Company Limited (“COMASS”) through its wholly-owned subsidiary, Eye On Ads Company Limited. COMASS is one of the leading outdoor media company with more than 19 years

its eye on new store development, Consumer Brands product launch and new international franchise opportunities. Financial and Operational controls have been reassessed and repositioned to allow the

revenues by 2019. For food and beverages business, Dean & DeLuca, Inc. (DDUS) has continued its efforts to take corrective actions to improve existing store profitability while also keeping its eye on new