enhance liquidity. The planned measures aim for utilizing the Company’s investment in the past 3 years to reach cost- effectiveness and break-even point as soon as possible. In Q1/2019, with our mentioned

reach cost- effectiveness and break-even point as soon as possible. In Q1/2019, with our mentioned efforts, we saw positive recovery signs from Q3/2018 and Q4/2018 that realized loss of Baht 124 and 143

, dividend payment paid Baht 5 2 million, repayment long-term loan to financial institutions Baht 8.1 million and trust receipt decreased at Baht 36.6 million. As the above-mentioned, the Company and its

the deceleration in sales revenue and the higher sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 30 June 2019, the Company’s total assets stood at THB 4,997.97

reach. During 2017, MACO also has started to introduce digital media into its product portfolio. These above-mentioned developments already borne fruit to our solid performance throughout 2017. In this

was THB 122 million, a slight decrease from THB 124 million in 1Q17 due to the reasons mentioned above. Unit: THB mn 1Q18 1Q17 Change Amount % Hotel Business 1,364 1,324 40 3.0 Education Business 122

an anemic rate of 0.59%. Considering revenue by product line, almost all product lines recorded declines in sales revenue compared to the same period of the previous year given the mentioned drop in

shares as mentioned above shall not cause any shareholder of the Company to violate the foreign shareholding restriction as stipulated in the Articles of Association of the Company, of which presently

Maximum Tender Offer Cost. Therefore, the total amount to be used in the Transactions would be the Maximum Transaction Cost. As mentioned above, the Promotor Group of IRSL are not allowed by the SEBI

ensure the transparency of voting procedures and to facilitate the independent judgment of other directors, those mentioned directors abstained from voting in this matter and temporarily left the Meeting