our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. The growth mainly came from: i) The acquisitions of Power Assets from WHA Group, mainly are
expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to
) Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. Projects under Construction
holding 100% of WICE SG from the original. 70% stake Financial status of the company Quite strong Therefore has the ability to expand new investments The company aims to expand the logistics service to
Golden Lime. Third, we closed the transaction to acquire a 99.79% majority stake in Thai Marble Corp., Ltd. (TMC), an ornamental stone and limestone business in Saraburi Province, that is of high strategic
carry out a soil and coal extraction and transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand (“EGAT”), with both venture partners having a 50
favourable price and conditions. The company will benefit from increasing the business opportunity and generating the better returns on a long-term basis. (15) Opinions by The Audit Committee and/or Director
joint venture agreement, NWR(SBCC Joint Venture, to carry out a soil and coal extraction and transportation work project at Mae Moh mine, Lam Pang of the Electricity Generating Authority of Thailand
shows a higher gross profit margin than other businesses of the group. However, the group began to recognize revenue since January 2017 at the generating capacity of 16.47 MW. Selling and administration