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profit being generated in this quarter. The media is now fully booked until the first quarter of next year. MANAGEMENT DISCUSSION & ANALYSIS 3Q 2019 6 NOV 2019 MASTER AD PUBLIC COMPANY LIMITED 2 13 May
restructuring of the holding structure of the Company, being partially offset by (iv) lower loss on impairment of assets, which decreased by THB 426mn. Reported share of profit from associates/JVs was THB 31mn
management revenue) at 9.7% and the office segment at 4.8%. Total revenue derived overseas stood at 74% with the remaining balance being Thailand- sourced at 26%. Within the hospitality segment, revenue grew
exceeds fifty percent of the total paid-up shares with voting rights of the company being held, or an individual holding shares of the company in any subsequent level in a number exceeding fifty percent of
total paid-up shares with voting rights of the company being held, or an individual holding shares of the company in any subsequent level in a number exceeding fifty percent of the total paid-up shares
shareholding in each level exceeds fifty percent of the total paid-up shares with voting rights of the company being held, or an individual holding shares of the company in any subsequent level in a number
the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company
(iv) higher total other income of 16.9% YoY or THB 21mn. Higher other income was primarily from significantly higher interest and sundry (other) income, being partially offset by lower gain on sale of
resolution of the Board of Directors’ Meeting No. 19/2018 held on 21 December 2018 which has approved the Company to provide financial assistance to connected persons being Fourteen Points Company Limited (“FP