, SG&A expenses as a percentage of revenue rose to 30.0% from 29.8%. The Company expects that the ratio should be maintained at no more than 30% going forward. Interest expenses increased 401.9% from THB

% going forward and the ratio should gradually decline as a result of cost synergies in through restructuring, in particular in digital operations. In light of tangible improvement in gross profit, VGI

estimates by research tends to vary to some degree. The company has therefore decided not to carry out such analysis going forward. Nonetheless, reflecting on its market share, VGI estimated that in 2017 its

% range going forward. The second quarter of 2018/19 (ended 30 September 2018) 6 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 FINANCIAL POSITION ASSETS ASSETS BREAKDOWN 31

added value offering such as speed boost, equipment upgrade, service quality and premium contents. Although the operators were able to retained higher starting price point of Bt399/month, deep discount

home while the entry plan remained stable around Bt400. The operators mainly focused on value-added services such as speed boost, equipment upgrade, service quality and VDO contents. AIS Fibre focused on

|- Anti-fraud Provisions (section 98(3)) |- Forward Transactions/OTC Equity Derivatives Transactions (section 98(4)) |- Securities Borrowing and Lending (section 98(5)) |- Short Sale Provisions (section 98

attract investment and fundraising that prioritize environmental protection, social development and sustainability, which is another important role of the capital market in driving forward the

Asset: Lesson Learned and Moving Forward” ในโอกาสครบรอบ 30 ปี ก.ล.ต. โดยมีผู้เชี่ยวชาญ นักวิชาการ ผู้ประกอบธุรกิจ และผู้แทนหน่วยงานกำกับดูแลด้านสินทรัพย์ดิจิทัล ร่วมแลกเปลี่ยนมุมมองและถอดบทเรียนเกี่ยว

by 3.4 mil. baht. - Total expenses increased 9% mainly due to: 1) Cost of rental and service was up by 2.6 mil. baht or 7% as depreciation expenses increased from investment to upgrade office buildings