referencing from the cashflow generated from the performance of the business operation of EG and WG, and the business expansion which shall be expectedly in the same direction with the BTS Sky Trains system’s
EXPANSION OF PAYMENT SERVICES VGI PUBLIC COMPANY LIMITED Rabbit card Rabbit LinePay 3) LOGISTICS – ENHANCING KERRY’S DELIVERY SERVICES ACROSS BTS STATIONS 1Q 2019/20 SNAPSHOT & ANALYSIS CONSOLIDATED P&L
international business expansion vehicle for VGI. Strengthening its international footprint is an integral part of MACO’s strategy and VGM will be the flagbearer in expanding its Out-of-Home (“OOH”) media
of Directors Meeting No. 4/2020 on May 28, 2020 resolved that the Company, as a member of the BBS joint venture (consisting of Bangkok Airways Public Company Limited (“BA”), BTS Group Holdings Public
includes (i) the entire business transfer of Unicorn Enterprise Company Limited (EBT of UE), a wholly-owned subsidiary of BTS Group Public Company Limited (BTS) to U City, (ii) the issuance of preferred
UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV) Net debt to equity ratio as
36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management
transactions which includes (i) the entire business transfer of Unicorn Enterprise Company Limited (EBT of UE), a wholly-owned subsidiary of BTS Group Public Company Limited (BTS) to U City, (ii) the issuance of
expansion for growth in Southeast Asia. We successfully converted static billboards into digital billboards, which now cover 32 provinces in Thailand. This effort is expected to enhance our returns, generate
administrative expense to support business expansion. Without the non-recurring profit related to sale of Dusit Princess Korat, core EBITDA was THB 806 million, a 12.3% decrease from 2016. The Company reported net