of 2017/18, we successfully added 8 new contracts to the office building portfolio. The performance of this business is expected to improve in the remaining quarters in line with the continuous

Capability. This conversion will be a financial vehicle for the Company to develop and invest in other assets, to improve existing assets, and to increase investment ability. For the long-term growth, the

company has invested to improve the production stability for Sattahip and Borwin Waterworks. 7. Financial Position Analysis Financial Position (MB) As of 31 Dec 2016 As of 30 Sep 2017 YoY % Total Assets

model of the customer group continuously. Include activities to promote and educate cleaners and disinfectants to target customers in order to realize the importance and improve the quality of goods and

revenue from CAZ to be decreased. Although, TAKUNI’s decrease in the shareholding proportion in CAZ, CAZ’s performance can be expected to improve from funding on the mai which will create more potential of

screens (35 screens as of 9 February 2018), and the expansion of existing static billboards. Moreover, the advertising spending is expected to significantly improve in 2018, aiding by an ongoing healthy

target customers in order to realize the importance and improve the quality of goods and services as well. Management's Discussion and Analysis and operating results for the Year 2017 Page 2 / 10 At the

the following acts unless having improve the adequacy in accordance with the prescribed rule: (1) providing service for a new customer; (2) extending the period of service to a former customer; (3

economic slowdown and increasing of household debt as well as new regulations of debt collection. Meanwhile, the Company has implemented the new collection system under “Pooling Concept” to further improve

continued to expand and improve network quality with new 2600MHz spectrum and enhance 4G/5G network capacity to secure leading position. As a result, EBITDA (Pre-TFRS16) decreased -3.0%YoY, in line with FY20