previous year because of the higher number of lettable area and efficient cost management. 2. Sale of Investment Properties During the second quarter of 2020, the Company had revenue from investment
expertise in various businesses from his positions as a chief investment officer of ASM, a chairman of the board of directors of TIH Limited, operating private fund management, a director of OUE Limited
Directors and/or Chief Executive Officer and/or a person assigned by the Board of Directors and/or Chief Executive Officer to be empowered to consider and determine other details in relation to such
และจดัการโดย MSIM Fund Management (Ireland) Limited ท่ีจดัตั้งตามระเบียบของ UCITS (Undertaking for Collective Investment in Transferable Securities) ภายใตก้ฎหมายท่ีเกี่ยวขอ้งของประเทศลกัเซมเบิรก์ ซ่ึง
transaction Due to the policy decisions by the former management of the Company last year 2014 that allowed Spring26 to engage in the auction of digital television system, it was aimed to present the
extend the third completion of the share sale and purchase to 30 November 2017 in order to negotiate regarding Aukkrarawat management with the seller. Currently, due to the fact that the Company and the
decreased significantly in comparison to the previous year as a result of decrease in number of management and administrative staffs as well as a decrease in marketing expense. Asset impairment and loss from
business decreased significantly in comparison to the previous year as a result of decrease in number of management and administrative staffs as well as a tighter control of marketing budget. Asset
[COMPANY NAME] Ref.: EFORL IR008/2019 March 7, 2019 Subject: Management Discussion and Analysis Yearly Ending 31 December, 2018 To President The Stock Exchange of Thailand 1. Overview financial