has resulted in a dilution of VGI’s shareholding in MACO from 33.17% to 26.55%. VGI has also reduced its representatives in MACO’s Board of Directors to 2 out of 7 persons (previously: 5 out of 9

marketing campaign expenses. 9M/2017 Selling Expenses The Company and its subsidiaries recorded selling expenses of Baht 634 million, a decrease of 16% YoY. Selling expenses to sales reduced to 14.5% from

value of THB 160mn. The acquisition has improved the asset management’s efficiency and reduced cost and risk of depending on the sole major leasers. - On 30 June 2017, Eye On Ads Company Limited, a wholly

amounted 283.1 million Baht, decreased the amount of 13.9 million Baht or 4.91%. Decrease in service income since the company's major customers have relocated their business and some customers had reduced

service when the situation permits. The Office business has also been slightly affected from COVID-19, while the projects under development continue to move forward. The Company has confidence that this

. Meanwhile, during this time with reduced revenue, the Group has taken immediate and significant measures to control costs such as negotiating with landlords to reduce rental in branches that were not be able

period for our operations due to the COVID-19 pandemic. We temporarily closed non-food stores in accordance with the government requirement, while our food businesses still operated with reduced operating

transactions, and thus slash our cash management costs, leading to reduced costs for our customers and within the overall economic system in the long run. Within this context, KBank and K Companies accentuate

- 13%YoY mainly due to reduced admin expenses, but increasing 1.8% QoQ from higher marketing expenses. 3Q21 MD&A Advanced Info Service Plc. • Marketing expenses were Bt1,430mn, decreasing -7.9%YoY due to

to the profit of 23.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The