help brands to communicate to their customers at every stage of the purchasing process. In our view, the outlook for the advertising sector seems promising. With the upcoming election early in 2019, we

. Consequencely, the Company has not established any loss reserve in its accounts. Executive perspective for business trends in 2020 The Company's management foresees that the Company emphasis on caravan service

established any loss reserve in its accounts. Executive perspective for business trends in 2020 The Company's management foresees that the Company emphasis on caravan service at end of half year 2020 with

maximize market opportunities in 2018.” 2. Outlook General economic conditions are favorable: there is growing expectation that Q4 2017 GDP growth in Thailand will have accelerated to 4.5% y/y (versus 4.3

well as the methods the SEC Office use to collect, use and disclose personal data. To view the Personal Data Protection Policy, please scan the QR Code below. We therefore affix signature herein as

personal data. To view the Personal Data Protection Policy, please scan the QR Code below. We therefore affix signature herein as evidence. Signature

Discussion and Analysis For 2Q20 and 6M20 P a g e | 9 2020 Outlook The COVID 19 epidemic has severely affected the global tourism industry. The announcement on travel restrictions and closures of airports and

payment from unappropriated retained earnings of THB 0.0313 per share to shareholders whose name appear on the record date on 8 May 2018. The payment date is on 25 May 2018. Management outlook and future

of unsecured debenture with issued amount totaling of THB 500mn was due on 29 July 2018. The Company had repaid in full amount. Management outlook and future projects The management maintain positive

Management Outlook and Strategy May 15, 2017 PACE Development Corporation PLC. CRC Tower All Seasons Place 45th Floor, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Telephone 02-6543344 Ext.119 http