associate to investment in a subsidiary. Landy is in the office rental business which own MACO headquarter office. - On 29 June 2018, Green Ad Company Limited, a wholly-owned subsidiary of MACO, has
management to sign on the Technical Cooperation Agreement Hwa Fong Rubber Industry Co., Ltd. For the reasons mentioned above. This transaction is also considered as business promotion with is reasonable and
Company’s business in Quarter 2 is traditionally softer compared to Quarter 1 and 4 due to low tourist arrivals in Phuket during this time of the year. Total revenue for the three-month period increased by
expenses and employee expense from business segment expansion. Summary of Financial Statement of Positions 30-Jun-18 31-Dec-17 Change %Change Assets Cash and Cash Equivalents 17.8 6.0 11.7 194.4% Trade and
Baht increased from the same period last year by 1.82 Million Baht or 68.11%. The primary cause is the cost in the production of agricultural business increased. The consolidated financial statements of
Rubber Industry Co., Ltd. For the reasons mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no
% 343.1 319.7 23.5 7.3% Six month period 2018 Six month period 2017 Difference Q2/2018 Q2/2017 Difference - Translation - - For the 2nd quarter administrative expenses for hospital business had slightly
compared to previous year. Furthermore, Halcyon Metal Co., Ltd. (HM) has one of its main customers restructuring its business operations and transferring its overseas end customer to HM directly, resulting
capacity to the full capacity level in 2019. 2. Business Outlook on Q3/2018 Management’s Discussion and Analysis (MD&A) For Q2/2018 3 Executive Summary The steel industry in Thailand shrunk in the second
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