following reasons; - Sales of units in condominium projects increased by 773.89 million baht or 147.63% from 524.22 million baht in Q1/2018 to 1,298.11 million baht in Q1/2019 due to the continuous transfer

mainly from ready to move-in projects while there were 3 low-rise projects, Maestro 03 Ratchada-Rama9, Maestro 14 Siam-Ratchathevi and Maestro 01 Sathorn-Yenakat, completed and started transfer in Q2/2018

transfer expenses) increase 25.06% as a result of the attempt to liquidate the inventory. Therefore, the net profit has decreased 1.30% from the same quarter of the previous year. There is one project

1 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 MEDIA INDUSTRY In recent years, advertising industry has witnessed the shift in the media

for sales and ready-to- move-in. As at beginning of May, the JV with Sansiri had THB 9.5bn of presales backlog remaining for 2018 and cumulatively by 2021 of around THB 25.9bn. These would now be

. Meanwhile, the current regulations on such criteria has not yet covered risks associated with custody of clients’ assets for the digital asset business operators who can access into or transfer customers

Measurement and Management Framework in Business and Investment Strategies” with an aim to move forward the Thai capital market’s sustainable development and promote the private sector’s compliance with the UN

quarter, the Sansiri JV (i) fully sold and fully transferred The Line Chatuchak-Mochit project, (ii) continued to transfer units of the ready-to-move-in The Line Wongsawang and (iii) begun transferring

total remaining backlog was THB 1,288mn, decreasing by 70% compared to the previous quarter of THB 4,284mn from the value transferred of 6 ready-to-move-in projects (i) The Monument Thonglor, (ii) The

first quarter of 2020, the total remaining backlog was THB 9,542mn, decreasing by 7.6% compared to THB 10,324mn at the end of 2019 from the value transferred of 6 ready-to-move-in projects namely (i) The