itself and its overseas subsidiaries as well as marketing and managing expense to support existing customers. The decreased percentage of SG&A to sales revenue was mainly in related to decreased sales
ANAND (HUF) 1.61 5. PAWANDEEP SINGH ANAND 1.56 6. TEJBIR SINGH ANAND 12.79 7. SURINDER KAUR ANAND 19.20 8. ALP OVERSEAS PVT.LTD. 14.13 9. ANBROS MANAGEMENT SERVICES PVT.LTD. 5.89 รวมทั้งหมด 100.00 - 3
the ratio of 77 percent of the registered capital. The objective of business to open the Infertility Center for support services both in Thailand and overseas. 9. Source of Investment Working
and overseas. 9. Source of Investment Working capital of the Company. 10. Opinion of the Board of Directors The Board of Directors had considered the proposed transaction and had the opinion
and Installation machine business. 2. Eureka Design International Pte,.Ltd. (Singapore) , Investment in overseas business. This disposition is considered as the assets disposition transaction of listed
capture growth and bolster our leadership in OOH media business in overseas markets. BUSINESS OVERVIEW AFTER THE RESTRUCTURING MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY
from foreign exchange by hedging to every payment from overseas, only recognized the income into the account. Cost of Goods Sold The company had the cost of goods sold as 193.84 million baht, decreased
decreased from 4.23 % during the same period of last year. The SG&A was mainly in related to the consolidated expense of supporting the Company itself and its overseas subsidiaries as well as marketing and
business grew 8.7% at constant FX rate. However, the reported overseas sales were slightly dropped due to the unfavorable FX impact. Beverage Segment Total beverage revenues increased by THB 268 million (or
including overseas business, and the cost is allocated to the subsidiaries of AFS group. Name, position and shareholding proportion of the connected persons Note: 1 Mr. Hideki Wakabayashi is the Chairman of