opportunity in term of absence total transaction costs both of long and short strategy stay at 5%. • After applying total transaction costs, the arbitrage opportunities reduced sharply to 2% • Overall, the

offering). The independent financial advisor (IFA) considers that the information disclosure in this case is insufficient, and the company is exposed to the risk of absence of due diligence in the

of 2017 decreased from the same period of 2016 due to the absence of interest on long-term loans. Please be informed accordingly. Yours sincerely, ( Ms. Waewta Natphan ) Asst. Finance & Accounting

In the absence of such terms and conditions in the trust deed, the Trust for Transactions in Capital Market Act B.E.2550 (2007) stipulates that the resignation, dismissal and appointment of

Meeting of the Board of Directors, in absence of the connected person who did not vote on this transaction, upon consideration, approved the Company providing a 30% discount to the water tariffs for the Koh

spend on advertising and slow down to increase marketing budget according to Thailand’s mourning period of King Rama 9. However, customers who focus on content services are continue to advertise. 4) Other

absence of revenue from the property development business and increase in administrative expense as explained above. Summary of Financial Performance Analysis of the Operating Results Revenues For the

of 265 million Baht, decreased by 42% or by 191 million Baht due to the absence of specific business tax and residence transfer expense. In 3Q 2019, the Company had a total finance costs of 219 million

– December) historically generates higher revenue and earnings contribution to VGI Group, the mourning period is expected to impact the digital media segment by approximately 1 month in 3Q 2017/18. This impact

renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings