by digitalizing the whole process, which means more efficiency and convenience and less burdens on all parties involved. The platform will also support the development of professionals' potentials for
the Group to expand its media offerings on a massive scale. MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 2 INTERNATIONAL MARKET – EXPANDING INTERNATIONALLY ACROSS
2018 to reflect the fair value of Trans.Ad Group’s assets after the measurement of fair value of Trans.Ad Group’s identifiable assets was completed. The restatement involved eliminating “the estimated
value of Co-Mass’s identifiable assets was completed. The restatement involved eliminating the “estimated amount by which costs of the acquisition of investment exceed identifiable net assets of Co-mass
: Transaction 1 1. Transaction Date: January 1, 2018 onwards Parties involved: Payee : Far East Fame Line DDB Plc. (FE), holding 99.99% shares of Springboard Plus Co., Ltd Payer : Springboard Plus Co., Ltd. 2
lease of immovable property not exceeding 3 years with the connected persons, the details as follows: Transaction 1 1. Transaction Date: January 1, 2019 onwards Parties involved: Payee : Far East Fame
which the transaction occurred : March 1, 2018 2. The parties involved: Name Relationship with the company Leasee : Kuang Pei San Food Products Public Company Limited Listed Company Leasor
which the transaction occurred : March 1, 2018 2. The parties involved: Name Relationship with the company Leasee : Kuang Pei San Food Products Public Company Limited Listed Company Leasor
: 1. The date on which the transaction occurred : December 8, 2017 2. The parties involved : Name Relationship with the company Seller : Kuang Pei San Food Products Public Company Limited - Listed
the public as well as other securities companies; (b) members shall treat clients fairly and shall not be involved in discriminatory practice, and shall provide services by using knowledge and