wholly- owned subsidiary of MACO, to acquire the remaining 42,000 shares (or 30.0%) of Multi Sign with a total investment of THB 203mn. Multi Sign’s network - On 7 March 2018, Volvo Lightening-powered

payables of THB 294mn mainly from other payables for purchases of investment in Multi Sign by Green Ad Co., Ltd., a subsidiary of MACO, of THB 175mn, dividend payable to Multi Sign’s shareholders of THB 21mn

digitisation by converting static billboards of Multi Sign Company Limited (“Multi Sign”), which are mainly located in CBD areas in upcountry, to digital screens. Subsequently, the Company has begun the full

the remaining 30% of Multi Sign’s shares. The deficit of THB 173mn was calculated based on the differences between the purchase price of the 30% investment in Multi Sign of THB 203mn and the adjusted