agency problems and thus induces managers to adopt corporate policies and strategies that are advantageous to shareholders in the long run, such as promoting strong positive corporate culture. This view

on this key step to safeguard the environment and spur sustainable national economic development. • Achievement of this goal is a testament to the strong leadership and commitment of the government and

the need of low-end segment amid economic difficulties. Home broadband, on the other hand, received strong demand from consumers needing to work and study at home amid the government’s tightening

secondary trading • Diversified investor base (orderbook): • Green bond – 70% European investors; strong interest from “green” investors • Other bonds – 70% Asian investors • Possible policy support from

commercial and passenger cars. Export-related manufacturing production, especially automotive, has continued to improve. The consensus view for 4% GDP growth in 2018 maybe revised upwards given the strong end

2018) 2 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 2) PAYMENT (DIGITAL SERVICES) – ROBUST USER GROWTH SUPPORTED BY STRONG BUSINESS DEVELOPMENT Rabbit LinePay  We

increase of 6% Commenting Mr Geza Perlaki, Golden Lime Managing Director said: “We have maintained a strong performance in the third quarter in terms of our sales and revenue growth despite the challenges of

-up 5G perception. Restrictions in the quarter also supported demand for Fixed broadband (FBB) which delivered strong growth of 23% YoY and 7.4% QoQ as well as non-mobile enterprise business growing 23

THB 852mn in the same period last year to THB 1,077mn. The strong growth is driven by the robust performance across its Out-of-Home (“OOH”) business segments. REVENUE BREAKDOWN (THB MN) % Contribution

Bonds Initiative | April 2018 6 2. Introduction 2.1. Objectives Investor demand for green and climate bonds is strong and will increase in line with the delivery of quality products into the market