tourism in Thailand that led to a continuous decrease in number of tourists especially from China which is our target customers. The Company was responsive of the situation and formulated new strategies and
January 2020 represented an effective markdown of about 1.7% of sales. Lockdowns implemented by many countries due to COVID-19 caused difficulty in the supply chain, which led to deferrals of some order
and Malaysia and openings of two new Proton dealerships in Malaysia which started in October 2020. Demand for cars recovered strongly starting from the reopen in July 2020 which led to increasing sales
stations’ columns, and full commercialisation is expected to start in 3Q 2019. Lightboxes at Surasak station LED Screen at Chit Lom station MALAYSIA • Currently, VGI Global Media (Malaysia) Sdn Bhd (“VGM
competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our
of a possible recurrence of the outbreak in Thailand, have led to severe restrictions on inbound and outbound travel. This has resulted in a massive contraction of the tourism industry, as well as the
major customers, new model launch and new product launch led to higher revenues. Thailand operations were very strong; recording 68.3% growth year-on-year. China and Portugal operation were also strong
of shareholding will cause the Company to have absolute control over the operation of COMASS and resulting in the Company be able to utilized the LED screens and billboards of COMASS in its full
around unlimited data plan. AIS had seen weaken mobile revenue due to consumer spending optimization and loss of revenue from traveler segment led to -6.5%YoY decline in mobile service revenue for FY2020
, sustaining our customer business and financial standing, as well as supporting their growth and opportunities, led by the government’s economic stimulus measures and other factors. Along with that, we