THB 169mn (see further details in trade and other receivable section) and 3) an increase in float from Rabbit cardholders of THB 38mn. However, the increase was partially offset by 4) a decrease in
increase to offer the newly issued ordinary shares through VAVA and other related actions and annul the EGM to consider and approve the capital increase to offer the newly issued ordinary shares through VAVA
Limited (CRC) and CPN with 33% stake through Chipper Global Limited. The objective is to invest in Grab businesses in order to enhance channel for business expansion including increase traffic as well as
& other receivables of THB 87mn (see further details in trade and other receivable section) and 3) an increase in cash & cash equivalents and short-term investments of THB 85mn. Total non-current assets
more than its target, which reflected in 2019 gross margin increase by 250 bps YoY to 34.9%. Q4’19 Gross margin was slightly improved 50 bps YoY and recorded at 35.0%, despite the impact of new sugar tax
1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
the result in 2Q18. This decrease was a result of the extraordinary items and also the new investments. Without these items, the Company reported an increase operating result of THB 78 million from the