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

quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism

move towards Green Businesses targeting renewable energy, material recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been acquired in late 2016 and during

Padaeng Industry Public Company Limited and its subsidiaries ( “ the Company” ) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To

, these five unlicensed firms are or used to be located at the same site at 400 Soi Ladprao 94 (Panjamitr), Wangthonglang, Bangkok 10230. From the SEC?s finding, these firms have operated derivatives

innovations in the Thai capital market in the move towards digital transformation in line with the 20-Year National Strategy (2018 - 2037), the 12th National Economic and Social Development Plan (2017-2021

(for three-month period ended 31 March 2020) 6 U CITY PCL RESIDENTIAL SEGMENT JV WITH SANSIRI: PROJECTS EXPECTED TO TRANSFER IN 2020 JV WITH SANSIRI: TOTAL PRESALES BACKLOG Project Presales Backlog (THB

1,017.65 Comparison of nine-month period profit and loss ended September 2017 and September 2016 Unit: Million Baht Remark: Figures in profit and loss statement are presented in percentages to total revenues

into such transaction to the SET. The material details of the transaction are as follow. 1. Day/month/year in which the transaction occurs Within June 2020 1) The price was set in mediation agreement

income indicates that the income and cost are decreased but the gross profit is increased for 2.41 million baht due to the better Company management in regard to circulated containers. The Company’s