bill of exchange. These were done as preparations for coming future developments. The Group were also able to collect deposits and advances received from customers from the current 31 available project

paid in advance for the future developments. As for liabilities, a decrease of 822.9 million baht, or 4.5%, mainly from Trade and other payables, Short term loans from banks, and Deposits and advances

reversed allowance for doubtful accounts amounting to Baht 15 million due to the Company received partial payment of advances for share subscription from Khun Pornpan. For year 2019, the Company received the

Company received partial payment of advances for share subscription from Khun Pornpan, as a result the allowance for doubtful account decreased when compared with prior year. Gain (loss) on Exchange Rate

3.1% year-on-year. • Advances and deposits received from customers of Baht 2,482 million or 13.5% of total liabilities decreased by 18.6% year-on-year. The main liabilities are accounted for 93.2% of

audience. After all this time, MACO has been taking numerous steps to accommodate the growth of out-of-home media. These steps include an investment in Trans.Ad Solutions Co., Ltd. (“Trans.Ad”), – a

Baht) As at 31 December Short-term loan from related parties 1,269 1,506 (19%) Short-term loan from other parties 107 107 (0%) Loan from shareholder 4 4 Advances received from customers 43 203 (377

for the repayment from the creditor. • Short-term loan from related parties decreased Baht 34 million. • Advances received from customers increased Baht 65 million. • Accrued interest expenses increased

or home regulator, as the case may be. Clause 7. Prior to selling units of foreign collective investment scheme, securities company shall at least undertake the following steps: (1) examining

securities businesses specified in the license within one hundred and eighty days from the date of obtaining the license; (3) the licensee shall maintain the qualifications under Clause 11 and take steps in