we can compete with other manufacturers. In addition, the Company has a capacity expansion project for the third plant construction project, which requires factory and equipment design. In this regard
increase liquidity and support the expansion of core business. 6. Characteristics and scope of interests of connected persons when agreeing to enter into the connected transaction PRG is a major shareholder
expansion project for the third plant construction project, which requires factory and equipment design. In this regard, the parent company would like to amend the contractual remuneration from USD 100,000
business expansion and the increase of interest rate. Please be informed accordingly Sincerely yours, (Mr. Suriya Poolvoralaks) Executive Director and Managing Director http://www.majordevelopment.co.th
aforementioned capital increase last quarter SIGNIFICANT EVENTS 10 May 2018: Creating a foundation for Vienna House Expansion in Thailand. Vienna International Hotelmanagement AG (Vienna House) acquired shares in
international business expansion vehicle for VGI. Strengthening its international footprint is an integral part of MACO’s strategy and VGM will be the flagbearer in expanding its Out-of-Home (“OOH”) media
in expansion project of MDF Board at Surat Thani Plant decreased. 3. Net cash received from financing activities is Baht 1,138.7 million, increased by Baht 1,316.0 million, because of increased of
by 1.7% or Baht 113 million from the fiscal year 2017. Although overall Thailand economic was still stagnant, the company performed better than market by new restaurant outlets expansion. Cost of Sales
were 9.11 million Baht and 17.79 million Baht respectively. The expenses increased in line with the number of employees to support business expansion. The Company’s net profits were 10.21 million Baht
to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by