MFC ASSET MANAGEMENT PUBLIC COMPANY LIMITED|Feeder Fund | Offering Date : 16/11/2021 - 24/11/2021

media into its product portfolio in order to sustain its competitive edge. The currently main digital media of the Company comprises of CBD LED Network (Digital Billboard) and Aroy Aroy Network. 4

be eligible for cross-border offerings, the mutual funds must meet acceptable standards. Such mutual recognition would help to increase competitive edge of the asset management business in the

-recurring revenue. As a result of consolidation, non-recurring revenue increased by 37.97mb or 33.8% increase year-on-year. Recurring revenue from Financial Solutions increasing by 4.35mb or 7.0% but offset

weighted in non-recurring revenue. As a result of consolidation, non-recurring revenue increased by 17.72mb or 35.5%, reversing from a dip in non-recurring revenue in previous quarters. Recurring revenue

gross profit of 24.21mb for the 1H 2020. Excluding the impact from the consolidation of TigerSoft, HUMAN’s gross profit would grow 13.99mb or 11.1%. Selling and Administration Expense Selling and

income from our consolidation with Nguyen Kim since June 2019, Insurance compensation from Fire incident at Zen Department Store 3,283 THB million, the increased revenue from rental service from Robinson

of 7.55mb or 36.1%. SG&A consists of mainly indirect staff costs, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the consolidation of TigerSoft’s result

increased income from our consolidation with Nguyen Kim since June 2019, the increased revenue from rental service from Robinson Lifestyle Center in Chaiyaphum and the full quarter revenue contribution from

2017/18. The increase was mainly driven by encouraging growth in the Out-of-Home media sector as well as the consolidation of Trans.Ad Solutions Company Limited and Roctec Technology Limited