Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 EN_MDA Year End - Translation - 1 ACC-O-2010003 October 1, 2020 To: President The Stock Exchange of Thailand Subject: Management Discussion and

Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 TH_MDA Year End 1 ท ีACC-O-2010003 1 ตลุาคม 2563 เรือง การวเิคราะห์และคําอธิบายระหว่างงวดของฝ่ายจดัการ ชีแจงผลการดาํเนินงานสําหรบัปีสินสดุวนัที 31

Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 EN_MDA Quarterly - Translation - 1 ACC-O-2010004 October 1, 2020 To: President The Stock Exchange of Thailand Subject: Management Discussion and

revenue from maintenance and service highly increased from 2018 due to revenue recognition of MA USO (Phase 1) since Q3/62 and maintenance service for MRT Blue Line Project. Selling and administrative

residential real estate” (Galbraith, 1954) “Selling building lots in blue sky” After the 1929 crash, a series of financial regulations in banking and capital markets reduce information asymmetry and conflicts

จ่ายดบ.ต่อให้ผู้ถือหุ้นกู ้ (5) จ่ายคืนเงินกู้ธพ. Blue Bond Blue Bond หรือตราสารหนี้สีฟ้า คือ ตราสารหนี้ที่ระดมทุนเพ่ือ น ามาใช้กับโครงการท่ีเป็นประโยชน์กับสิ่งแวดล้อมและ ทรัพยากรทางทะเลโดยเฉพาะ  Blue

Road Expressway ( SOE) and farebox revenue of the MRT Blue Line. In addition, interest income amounted to Baht 112 Million was received from the MRTA under the concession agreement of the MRT Chalong

reclassification in the amount of Baht 2,334 Million, net of corporate income tax. 4. The progress of the MRT Blue Line Extension Project At the end of December 2019, the progress of the installation of the M&E

Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line

investment in renovation of Advertising Media located on the columns under the BTS Sky Trains December 14, 2018 1 Information Memorandum regarding the Acquisition of Assets of Master Ad Public Company Limited