% YoY. Nevertheless, Outdoor media - our focus segment- recorded THB 1,525mn in advertising expenditure, an increase of 3.8% QoQ and 11.0% YoY, benefiting from a shift in people’s behavior to spend more

increased over the past few years, benefiting from the shift in people’s behavior to spend more time outside as well as its strength as being a media that reaches consumers when they are on the go and

the full effect of Saraburi Quicklime addedon March 19th. Similar to Q1 2018, the revenue was from core business, that is a major shift compared with H1 2017 when the contribution of Engineering was a

popularity due mainly to changes in people’s lifestyle as well as the shift in media consumption towards online and digital. In the past, people received their news, information and advertising mostly in their

1 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 MEDIA INDUSTRY In recent years, advertising industry has witnessed the shift in the media

Sustainability Issues on Valuation and Performance” for investment analysts and “Navigating the Future of Investing in the Time of Sustainability: A Paradigm Shift in the Roles of Investment Consultants?” for

Esthetics under Trademark “Wuttisak” Attn. to: President The Stock Exchange of Thailand Refer to: Letter of FVC Ref. No. SET-2560-025 “Transaction to Acquire Franchise Wuttisak 25 Branches from Total 113

รายงานการประชุมคณะกรรมการตรวจสอบ ครั้งที่ 4/2548 Ref.: SET-2018-002 February 9, 2018 Subject: Signing on the Franchise Agreement; and the Agreement to Acquire and Dispose Assets of “Wuttisak Clinic

acquire hotel portfolio in Germany and Switzerland: Vienna House Germany II GmbH (VHG II) which is the Company’s subsidiary in Germany, entered into a share sales and purchase agreement to acquire ordinary