. With an overall improvement in the Operation of the business of the Company and Financial prudence, Net Loss for the quarter reduced to THB 72 Million against THB 451 Million last year quarter mainly due
TFRS 15 accounting standard, resulting in lower recognition of share of profit. However, this is merely accounting impact, not related to cashflow from operation Other Income Q2 2018 Q2 2019 Increase
Tolling Agreement. The Company has been seeking funds from an external source for working capital purpose and preparing to get ready to produce for own sale again and can resume the operation in early of
Company and its subsidiaries will closely monitor and control the operation to achieve our turnaround plan.
subsidiary namely VGI Global Media (Malaysia) Sdn Bhd (“VGM”), a purely international operation, to provide an OOH media advertising services in Malaysia. In January 2018, VGM has expanded further into
exceed 11 years. 7. Benefits to the Company from the Transaction 1) To expand the scope of the operation of business from the furniture production and distribution, the main business, to the related
(Equity IRR) of not lower than 11.66 percent per year with the payback period not exceed 11 years. 7. Benefits to the Company from the Transaction 1) To expand the scope of the operation of business from
coverage and 3) supporting the business operation of MACO in Malaysia, and 4) strengthening overall bargaining power from increased scale. VGM Business Overview* *More commentary on the VGM transaction can
discontinued operation U City reported total consolidated revenue of THB 1,791mn in 2Q 2018. This represented an increase of 139.5% YoY or THB 1,043mn from THB 748mn in 2Q 2017. Please note, that the Company has
charges, one-off expenses and profit/loss from discontinued operation ** Excludes impairment charges and one-off expenses U City reported total consolidated revenue of THB 1,783mn in 3Q 2018. This