businesses (Outdoor and Digital Services). The increase in SG&A from the Outdoor segment was namely due to the full quarter consolidation of MACO as well as the consolidation of Multi Sign. In addition, MACO

- Min Buri) and the MRT Yellow Line Project (Lat Phrao - Samrong); On June 12, 2017, the Company, BTS, and STEC jointly established companies namely "Northern Bangkok Monorail Company Limited" and

, convened on November 13, 2017 to propose that the shareholders meeting consider and approve the offer of financial assistance (or the Granting of Loan Transaction) to JAS, there were three directors namely

Transaction) to JAS, there were three directors namely, Mr. Pleumjai Sinarkorn, Chairman of the Board of Directors, Mrs. Nonglug Pongsrihadulchai, Director, and Mrs. Nitt Visesphan, Director, who are considered

year. The growth drivers are including of; 1) The consolidation of outdoor media operators, namely in Multi Sign and COMASS, which started in October 2016 and July 2017, respectively. The acquisition has

December 31, 2017 Page 3 On June 12, 2017, the Company, BTS, and STEC jointly established companies namely Northern Bangkok Monorail Company Limited (“NBM”) and Eastern Bangkok Monorail Company Limited (“EBM

auditors from CWWP Co. , Ltd. as the Company’s external auditor for the year 2018, namely: 1. Ms. Wanraya Puttasatiean CPA No. 4387; or 2. Mr. Cherdsakul Aonmongkol CPA No. 7195; or 3. Ms. Waraporn

market, where key jobs to be done are to further strengthen our core brands, namely Shark Myanmar and M150, and implement new route-to-market model. Our new manufacturing facility is expected to be

will be a new item namely “Contract assets”, representing the difference between the revenue recognized and the upfront cash received from customers as well as capitalized device subsidies. Market and

% Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 2 In 1Q19, the Company has entered into hotel management agreements to manage 2 additional hotels namely Dusit Thani Mactan Cebu