for the construction, sourcing, installation and maintenance of the advertising media only. The Company will grant the right to manage all the advertising media of the Company and its subsidiaries in

advertising service provider to the owner of the advertising media in Thailand and service provider for the construction, sourcing, installation and maintenance of the advertising media only. The Company will

usage of machineries in the past 5 years during 2015-2019 where it was found that during such period the Company had not fully utilized the production capacity. The Company has produced only the off-peak

the usage of machineries in the past 5 years during 2015-2019 where it was found that during such period the Company had not fully utilized the production capacity. The Company has produced only the off

, while personal expense of the Company increased by only 5% y-y. In terms of proportion to total revenues, operating and administrative expenses represented 42% of total revenues, which is the same level

Cube Factory Business Revenues from Ports and Terminal Services, the subsidiary (AIPT) were received from the Company who was only customer to AIPT, therefore such transaction will not show in Revenue

and Ice Cube Factory Business Revenues from Ports and Terminal Services, the subsidiary (AIPT) were received from the Company who was only customer to AIPT, therefore such transaction will not show in

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(For the purpose of translation only) 2 Glossary Name The Company or WACOAL Thai Wacoal Public Company Limited The Group Thai Wacoal Public Company Limited and its subsidiaries SPI Saha Pathana Inter

of the advertising media in Thailand and service provider for the construction, sourcing, installation and maintenance of the advertising media only. The Company will grant the right to manage all the