) Selling and Administrative Expenses 2018 5 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 FINANCIAL POSITION Assets As of December 31, 2019, total assets on consolidated basis amounted to THB 2,300.35 million
Assets As of December 31, 2019, total assets on consolidated basis amounted to THB 2,300.35 million dropped THB 641.53 million as at December 2018 primarily due to: • Trade and Other Current Receivables
Consolidated Financial Statements ended 31 March 2020, which have been reviewed by the Company’s authorized auditor. The Board of Directors deemed appropriate to appoint the said authorized auditor to perform
period of 3 years ((1) and (2) collectively referred to as the “Transaction”). The loan of USD 40 million is secured by the personal guarantee of the owner of Sakthi Group, Dr. Manickam Mahalingam, and CEO
as the “Transaction”). The loan of USD 40 million is secured by the personal guarantee of the owner of Sakthi Group, Dr. Manickam Mahalingam, and CEO of Sakthi Automotive Group USA, Inc., Mr. Lalit
of Eye On Ads Company Limited, a wholly-owned subsidiary of MACO, to acquire 70.0% of COMASS Company Limited (“COMASS”) with a total investment of THB 355mn. With 19 years of experience, COMASS secured
MANAGEMENT DISCUSSION & ANALYSIS 3Q 2019 6 NOV 2019 MASTER AD PUBLIC COMPANY LIMITED 1 13 May 2019 QUARTERLY BUSINESS REVIEW – 3Q 2019 Consolidated revenue increased by 54.0% YoY to THB 748mn o
operating performance and financial position for the third quarter and nine months ended September 30, 2018 with those of 2017. This report discusses principal changes in the unreviewed consolidated financial
operating performance and financial position for the third quarter and nine months ended September 30, 2018 with those of 2017. This report discusses principal changes in the reviewed consolidated financial
value of consideration basis. The highest transaction value is derived from this method of calculation, whereby the, calculation is based on the Company’s reviewed consolidated financial statements for