VGI O2O SOLUTIONS -...

Prepared by Investor Relations DepartmentVGI Global Media Plc

VGI Global Media PCL

VGI Group General PresentationFebruary 2018

TRANSIT

OUTDOOR

AVIATIONOFFICE

RABBIT

ACTIVATION

VGI O2O SOLUTIONS


Investment involves risk. Prospective should understand the characteristics of Securities and study information about VGI Global Media Public CompanyLimited (“VGI” or the “Company”) before making a decision to invest in Securities.

This Presentation is not intended to provide the basis for any investment decision, nor to substitute your own analysis and investigation, and should not beconsidered as a recommendation to any recipient of this Presentation. Some statements made in this presentation are forward-looking statements, whichare subject to various risks and uncertainties. These include statements with respect to the Company’s corporate plans, strategies and beliefs and otherstatement that are not historical facts. These statement can be identified by the use of forward-looking terminology such as “may”, “will”, “expect” ,“intend”, “estimate”, “continue”, “plan” or other similar words.

The statements are based on the assumptions and beliefs of the Company’s management in light of the information currently available to the Company.These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from anyfuture results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this Presentation is, or should be, reliedon as promise or representation of the Company as to the future.

Disclaimer

2


Agenda

Section 1 Company at a Glance 4

Section 2 3 Years Strategy: O2O Solutions 10

Section 3 VGI #1 in OOH and Expanding Our Business Around Data-driven Sector 13

Section 4 Business Profile by Segment and Potential Upsides

Section 4.1 Transit Media

BTS-related Media 16

SBK-related Media, Malaysia 20

Section 4.2 Outdoor Media 21

Section 4.3 Office Building and Residential Media 23

Section 4.4 Aviation Media 25

Section 4.5 Activation Media 26

Section 4.6 Digital Services Business 27

Section 5 2017/18 Target 31

Section 6 2016/17 Financial Performance 33

Section 7 3Q 2017/18 Financial in More Detail & Business Update 35

Appendices

3


Company at a GlanceKey investment features

Section 1: Company at a Glance 4

Exclusive long-term mass transit contracts with consistent growth• Unique, long-term contract portfolio. High barriers to entry from

exclusive mass transit contracts with parent company “BTS” in coreCBD areas.

• More than 80% of VGI’s current profit is secured by a mass transitconcession with more than 12 years remaining

• Ongoing, resilient mass transit ridership growth of 9% per annumsince inception

A unique play on the most attractive advertising media segments• Possesses differentiated and market-leading assets (THB 6.2bn of

cross-media capacity)• Daily audience reach of over 3mn people nationwide• Focus on the fastest growing media segments. OOH and Online

have grown on average 10% and 28%, respectively in the past 5years

The largest, the most profitable OOH media company in Thailand andamong the top 5 most profitable OOH media companies in Asia• No. 1 listed OOH media company on SET by market capitalisation of

THB 51,871mn (USD 1,656mn)1 with approximately 45% marketshare in 20172

• Long-term contracts allow capital investment and superiormargins. VGI recorded EBITDA margin of 45% and net profit marginof 27% in 2016/17 .

Unlocking future growth catalysts• Future growth underpinned by relationship with BTS and its

preeminent role in mass transit development in Thailand. 4-5Xexpected increase in transit media capacity by 2021/22.

• Upside potential from increased digitisation of our media platformand M&A opportunities

• Synergies with Rabbit Group. The only media company in Thailandto offer measureable and targeted multimedia advertising throughdata analytics.

• Poised to benefit from growth multipliers when media spendingrecovers

1Exchange rate at THB 31.328 per USD as of February 2018

2The Stock Exchange of Thailand (SET)

3Company’s source, press releases and Bloomberg


Company at a GlanceKey milestone

2009:• BTSC becomes major

shareholder of VGI• VGI acquired POV, whose

business is providing advertising service across premiere office building in Bangkok CBD

2010:• VGI granted the right to

manage advertising area on the BRT for 7 years

• VGI granted initial “Advertising Display Concession Agreement” in “Sales floor” from Tesco Lotus and Big C

1995 - 1999

1995:• Established under the

name Global Technologies and Telecom Co.,Ltd .and changed its name to VGI Global Media Co.,Ltd. in December 1998

1999:• Commencement of

advertising management and operations of 23 BTS core network stations and all trains under and exclusive license by BTSC which will be expired in December 2029

2003 - 2005

• VGI granted initial “Advertising Display Concession Agreement” from;2003: Watsons2004: Tesco Lotus

(non-Sales fl.)2005: Big C

(non-Sales fl.)

2009-2011

Jul 2013:• VGI was included as a

constituent member of SET 100 Index

Jan 2014:• VGI was included as a

constituent member of SET 50 Index

2013/14

May 2015:• Received right to manage

advertising space on 7 extensions (On-nut –Bearing and KrungthonBuri- Wongwan Yai from 2015-2029)

• Entered into aviation media by investing in Aero Media 20% of its total shares

• Terminated Modern Trade media business

Nov 2015:• Granted right to manage

advertising for Artista Media across 219 residential buildings

2015/16

May 2012:• Amended “License to

Manage Marketing Services Agreement” with BTSC

• BSS was established to operate Rabbit Card business with exclusive rights from BTS sky train network and BRT

Oct 2012:• VGI was successfully listed

on SET

2012/13

May 2014:• Entered into outdoor

media by investing in MACO 24.96% of its total shares

July 2014:• Selected to be the “Best

under a Billion” of small and midsize listed companies by Forbes 2014

Mar 2015:• Announced our intention

to evolve in “Nationwide Integrated Media Platform”

2014/15

May 2016:• Increased stake in MACO to 37.42%Aug 2016:• VGI propelled itself to become

a ”Data Centric Media Hypermarket” by announcing to acquire 90% in BSS and BSSH

• Increased stake in Aero Media to 30%

Sep 2016:• Entered into Malaysian market

through a 19% investment in Titanium Compass

Nov 2016:• Expand to Activation media by

acquiring 40% in Demo Power (Thailand)

March 2017:• Successfully acquired 90% in BSS

and BSSH.

2016/17



Company at a GlanceShareholding structure, historical dividend payment and share price movement

1,0

33

75

5 41

2

2.7% 2.7%1.2%

2014/15 2015/16 2016/17

Dividend (THB mn) Dividend Yield (%)

(THB) (THB mn)

SHAREHOLDING STRUCTURE (as of February 2018) DIVIDEND INFORMATION

Note:• Dividend yield is calculated using VGI closing share price one day before the date of BOD meeting approving the relevant dividend.• 2014/15 interim dividend included stock dividend (at par value) of 1:1

Dividend Policy:

Not less than 50% of net profit.

SHARE PRICE MOVEMENT (as of February 2018)SHARE INFORMATION (as of February 2018)

Payout Ratio

16/17

62%

14/15

123%

15/16

85%

Section 1: Company at a Glance

Stock code VGI

Outstanding shares (mn shares) 7,204.3

Market capitalisation (THB mn) 48,629.2

Market capitalisation (USD mn) 1,544.3

Average daily traded value (THB mn)* 61.1

Average daily traded value (USD mn)* 1.9

*Last 12 months average daily traded value

6

Kanjanapas

FamilyBTSG’s Minorities

BTSG

BTSC PublicKanjanapas

Family

48.6% 0.5%22.8% 28.1%

0.1%

41.3% 58.7%

97.5%

Note: The Company issued new ordinary shares of 340mn shares in December 2017 as a result the Company’s total shares increased to 7,204.3mn share.

6.75

-

500.0

1,000.0

1,500.0

2,000.0

2,500.0

-

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

12-Oct-12 12-Oct-13 12-Oct-14 12-Oct-15 12-Oct-16 12-Oct-17

VGI TURNOVER (RHS) SET Index (rebased) VGI TB

ADTV = THB 115mn


Well Diversified Segment Portfolio


VGI GROUP

BKK, ThailandKL, Malaysia

BKK, Thailand Nationwide, ThailandKL, Malaysia

Nationwide, Thailand




>770,000, BKK>150,000, KL

>500,000 >1,200,000 >330,000 >500,000 >20mn >100,000

OOH Media Platform Digital Services

THB 2,681mn THB 371mn

30.7% 30.0% 40.0% 90.0% 90.0%100.0%

TRANSIT OFFICE OUTDOOR AVIATION ACTIVATION PAYMENT SERVICES

MACO AERO MEDIA DEMO POWER BSS & BSSHVGI COMPANYSEGMENT

GEOGRAPHICAL ACTIVITY

MARKET SHARE1 & NETWORK

AUDIENCE REACH PER DAY

KEY GROWTH AREA

SEGMENT

2016/17REVENUE2

60% market share

31.0km, BKK51.0km, Malaysia

80% market share

172 office building262 condominium

30%market share

>2,000 billboards

20% market share

14 airports

70% market share

>1,000 stores

8.5mn cardholders3.2mn active holders45mn LINE users

2.6mn LINE pay users

>1,300mn outstanding loan

Additional inventory from BTS’s new line extensions

Grade B&C and upcountry market

To convert 10% of static billboards to digital screens

Expand to airports inSouth East Asia

Potential expansion in BTS stations and office buildings

Expand Rabbit card & Rabbit Line Pay network

Rabbit’s data

Expand insurance and micro loan network

1 Based on 30% discount from Nielsen advertising spending2 Excluding revenue from Titanium Compass, Aero Media and Demo Power of which are recognised as equity method


Our Media Capacity reach 6.8bn from our Diversified Media Segments

8

VGI Group’s media capacity of THB 6.8bn (as of December 2017)

• 172 office buildings• 242 residential buildings• 200,000 sq.m. in chamchuri square

• 996 static billboards• 240 PTT posters• 35 LED screens and 250 LCD screens• 494 street furniture panels

THB 0.5bn

THB 3.0bn

• 30 BTS stations• 208 carriages• >4,000 static displays• 2,029 digital screens• 8,800 sq.m. merchandising space

THB 1.0bn

• 3,000 salespeople• 360 exclusive stores• 275 brand clients• 77 provinces nationwide

THB 0.3bn

TRANSIT

THB 0.6bn THB 1.4bn

• 14 airports (342 LCDs)• 2,500 trolleys• 57 jetbridges• sale agent for 80 aircrafts

• Banner Advertising• Direct Targeted Marketing

OFFICE OUTDOOR

AVIATION ACTIVATION DIGITAL SERVICES

Section 1: Company at a Glance

Note: Media capacity of VGI’s standalone basis was THB 3.3bn comprising of Transit media of THB 3.0bn and Office media of THB 0.3bn.


Agenda
















Appendices

9


One-Stop Shop SolutionsCombining offline out-of-home (OOH) media with online and data

Section 2: 3 Years Strategy: O2O Solutions

ONE-STOP SHOP SOLUTIONS

OFFLINE/ OOH

• No. 1 Transit media in Bangkok

• No. 1 Office media in CBD Bangkok

• No. 2 Outdoor media nationwide

• No. 2 Aviation media

• No. 1 Activation media

Transit Office Outdoor

Aviation Activation

Full service OOH media platform

O2O SOLUTIONS

• Creating awareness through offline OOH platform

• Bridging with our database, creating engagement opportunity for targeted audience

• Activating conversion at last mile touch point

• Completing the customer journey

Integrating Offline and Online world

ONLINE/ DATA

• Partnership with No. 1 market leaders

>1mn BTS daily commuters

>45mn LINE users

>40mn AIS users

>5mn Kerry customers

Over 40mn data points

10


VGI: O2O SolutionsReaching every point of customer journey

Media Measurement

R&F

• Static Reach

• Multi Frequency

• Online

OOH to Online

CONVERSION

• Lead Gen

• Line Gift Shop

Quality traffic

IMPACT

• Static Reach

• Multi Frequency

• Online

Station Sponsor

LOYALTY

• Rabbit Rewards

• LINE Ang Pao

Repeat Conversion

PAYMENT

• Rabbit Card

• Rabbit Line Pay

Cashless Payment

ENGAGEMENT

• Demo Power

• Kerry Delivery

• Line Beacon

• Rabbit Daily

Direct to Customer

O2O SOLUTIONS

We develop O2O Solutions to fit client’s business objectives using our database and media/ online services backbone. With offline and online platform, we now reach every point of the customer journey.

11Section 2: 3 Years Strategy: O2O Solutions


Agenda
















Appendices

12


VGI Focus on Highest Growth Segments

Section 3: VGI #1 in OOH and Expanding Our Business Around Data-driven Sector 13

Rising in infrastructure, urbanisation and increasing number of people who spend time outdoor were driven the growth of Thailand OOH Media.

VGI GROUP’S FOCUS

• Our focus has proven to be the fastest growth media sector OOH (Out-of-Home)

• Thailand’s no. 1 transit media with 60% of market share

• The sole player in office building media with 170 Grade A&B buildings under management

• Strong nationwide footprint in outdoor media with >2,200 billboards

• Thailand’s no. 2 aviation media with 20% market share Online

• Thailand’s no. 1 activation operator with 70% market share

• The first mover in Thailand who established the integrated online and offline media platform

OOH MARKET SHARE: VGI GROUP VS PEERS

VGI controls almost half of the OOH media market share. Thanks to our continuing organic growth and participating in M&A.

1 terminated Modern Trade businessNote: VGI’s market share is based on 35% nominal market discount rateSource: The Nielsen (Thailand) Co., Ltd

-14.8%

-8.3%

-6.0%

-4.2%

0.2%

10.1%

27.5%

36.4%

In-store

Traditional media**

Analogue TV

Cinema

Total industry

OOH

Online

Digital*

ADVERTISING MARKET 5 YRS CAGR (2011/12 – 2016/17)

The accelerated growth of online, digital and OOH media fueled by migration to mobile devices and increased consumer media exposure as people spend more time out of home.

* Digital adspend based on December year-end reported by DAAT** traditional media includes Radio, Newspapers, Magazines

VGI’s Focus

* Online adspend includes banner ad on 50 websites and 10 mobile sites ** based on December year-endSource: The Nielsen (Thailand) Co., Ltd. and Digital Advertising Association Thailand (DAAT)

5 YRS HISTORICAL ADVERTISING SPENDING (THB bn)

2012/13 2013/14 2014/15 2015/16 2016/17

TV Traditional media OOH media Cinema Online* Digital adspend (DAAT)**

Coupd’etat

ShutdownBKK

114bn

60.3%

23.7%

9.2%6.3%0.6%

113bn

62.3%

23.3%

9.0%4.7%0.8%

2,838 3,149 3,678 3,021 3,537

3,352 4,082 2,715

3,223

4,297

6,189

7,231 6,393 6,244

7,834

2012/13 2013/14 2014/15 2015/16 2016/17

VGI Group Revenue Peers

45.8% 43.6% 57.5% 48.4%

1

54.2%56.4% 42.5%

51.6%

107bn

65.7%

16.0%

11.3%5.5%1.6%

120bn

1.0%

68.5%

18.0%8.0%4.4%

121bn0.8%

68.0%

19.4%

3.7%8.1%

Mourning effect

45.2%

54.8%

3bn 4bn6bn 8bn 9bn


Expanding Our Business Around Data-driven Segment

TECHNOLOGY AMPLIFIES E-PAYMENT LANDSCAPE 70% OF THAI E-COMMERCE PAYMENTS MADE IN CASH

Rapid growth in the number of smartphones, internet and innovative payment products, has driven the e-money market to evolve and experience high growth.

THAILAND HAS A LOW E-PAYMENT USAGE PER CAPITA 150 E-PAYMENT TRANSACTIONS PER CAPITA IN 2020

70% = CASH

30% = ALL OTHER PAYMENT TYPES

Opportunity to convert cash on deliver to e-payment method.

17 21 26 31 3550

150

2010 2011 2012 2013 2014 2016E 2020E

9x increased

United Kingdom313

Singapore698

Malaysia71

South Korea369Thailand

39

18 24 36

48 56

68

91

221 348

512 669

788 883

1,076

2010 2011 2012 2013 2014 2015 2016

Value of e-money transaction (bn) Volume of e-money transaction (mn txn)

Source: Payment Systems Report, Bank of Thailand

Section 3: VGI #1 in OOH and Expanding Our Business Around Data-driven Sector

Source: Payment systems statistics, Bank of Thailand

Source: Payment Systems Report (2015), Bank of Thailand

Source: Ecommerce IQ

VALUE & VOLUME CAGR (5 YRS): 30%

14

Sweden397


Agenda
















Appendices

15


Transit MediaNo.1 in Transit Media

No. of location 30 stations/208 carriages

Static Media > 4,000 displays

Digital Media 2,029 screens

Viewer reach 772,132 people/day

Merchandising space > 8,000sqm.

I. TRAIN (40.3%)

II. STATION (35.8%)

III. MERCHANDISING & OTHER (24.0%)

TRANSIT MEDIA PROFILE OUR PRODUCTS (% OUT OF 2016/17 TRANSIT MEDIA REVENUE)

• Exclusive rights to manage advertising space on BTS Sky Train network:

RIGHTS & NETWORK

• 23 core network: 18 May 2012 – 4 Dec 2029• 7 extensions: 6 May 2015 – 4 Dec 2029

EFFECTIVE PERIOD

• 23 core network: 5%-20% of BTS revenues/year (an increase of 5% every 5 years)

• 7 extension's: fixed rate

CONCESSION FEE (PAYABLE TO BTSC & BMA)

• First right of refusal for Core Network and new extension lines that BTS secures post 2029

7 YRS CAGR: +11.2%

KEY FINANCIAL HIGHLIGHTSDespite frequent interruptions, ridership growth drives continuous revenue growth of BTS-related media.

889 934 1,143

1,422 1,679 1,805 1,793 1,865

2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17

coupd’etat

ShutdownBKK

floodsRedshirt

Yellowshirt

Section 4.1: Transit Media

3Q 2017/18Revenue Contribution

Transit media revenue (THB mn)

56.1%

16


ROUTE DISTANCE NO. OF

STATIONOPERATING

DARK GREEN MO CHIT 17.0 17 DEC-99

(CORE) – ON NUT

LIGHT GREEN NATIONAL STADIUM 6.5 6 DEC-99

(CORE) – SAPHAN TAKSIN

LIGHT GREEN SAPHAN TAKSIN 2.2 2 MAY-09

(EXTENSION) – WONGWIAN YAI

DARK GREEN ON NUT – BEARING 5.3 5 AUG-11

(EXTENSION)

LIGHT GREEN WONGWIAN YAI 5.3 3 DEC-13

(EXTENSION) – BANG WA

DARK GREEN(EXTENSION)

BEARING – SAMRONG 1.8 1 APR-17

EXISTING LINES AS OF 2016 EXISTING LINES BY OPERATOR

BANG YAI – BANG SUE23.0km

NATION. STADIUM – BANG WA14.0km

MO CHIT – SAM RONG24.1km

PHAYATHAI – SVB28.5km

BANG SUE – HUA LAMPHONG20.0km


STATIONOPERATING

BLUEBANG SUE – HUA

LAMPHONG20.0 18 JUL-04

PURPLE BANG YAI – BANG SUE 23.0 16 AUG-16


STATIONOPERATING

AIRPORT LINK (RED LINE)

PHAYATHAI –SUVARNABHUMI

28.5 8 AUG-10

Existing Bangkok Mass Transit NetworkAt 109.6km Bangkok’s Network is immature

35.0 34.0 8.0

38.1 43.0 28.5

TOTAL DISTANCE: 109.6KM

772,132 273,637 61,500

BTS BEM SRT

TOTAL AVG. DAILY RIDERSHIP: 1,107,269

TOTAL STATION: 77

Section 4.1: Transit MediaSource: BTSC, BEM and State Railway of Thailand (SRT)

17


137.3 124.4

113 71

1,000,000 2,900,000

BTS OTHER

ADDITIONAL LINES IN THE NEXT 5 YEARS FUTURE LINES IN THE NEXT 5 YEARS

BTS’SFOCUS


STATIONOPERATING

GREEN (SOUTHERN)

BEARING- SAMUT PRAKARN

12.6 9 2018

GREEN (NORTHERN)

MO CHIT – SAPHAN MAI – KHU KHOT

18.2 16 2020

PINKKHAE RAI – PAK GRED

– MIN BURI34.5 30 2021

YELLOWLAD PRAO

– SAM RONG30.4 23 2021

GREEN EXT. (WESTERN)

BANG WA - TALING CHAN

7.0 6 2021

LRT BANG NA - SUVARNABHUMI 18.3 14 2022

GREY (I) WATCHARAPHON – THONG LO 16.3 15 2022

OTHER ROUTE DISTANCE NO. OF

STATIONOPERATING

BLUEHUA LAMPHONG

- BANG KHAE14.0 11 2020

BLUE BANG SUE - THA PRA 13.0 9 2020

BLUEBANG KHAE –

BHUDHAMONTHON 48.0 4 2021

DARK RED BANG SUE - RANGSIT 26.3 8 2021

DARK RED BANG SUE – HUA LUM HONG 6.5 5 2020

LIGHT REDBANG SUE – PHAYATHAI – MAKKASAN – HUAMAK

19.0 9 2020

GREEN (SOTHERN)

SAMUT PRAKARN - BANGPU 7.0 4 2021

GREEN(NORTHERN)

KHU KHOT – LUMLUKKA 7.0 4 2021

PURPLE(SOUTHERN)

TAO POON – RAT BURANA 23.6 17 2022

Future Bangkok Mass Transit NetworkBTS is well positioned to secure additional 137.3km

TOTAL DISTANCE: 261.7KM

TOTAL AVG. DAILY RIDERSHIP: >3,900,000

TOTAL STATION: 184

BEARING – SAMUT PRAKARN12.6km

MO CHIT – SAPHAN MAI – KHU KHOT18.2km

WATCHARAPHON – THONG LO16.3km

LAD PRAO – SAM RONG30.4km

BANG NA – SUVARNABHUMI18.3Km

KHAE RAI – MIN BURI34.5km

BANG WA - BOROMMARATCHACHONNANI7.0km

Section 4.1: Transit Media

Source: MRTA & Systra MVA (Thailand)Note: Pink, Yellow, Grey and LRT’s ridership is based on Systra MVA

18

Secured by BTSC Under negotiation


2.0MN TARGETED ADVERTISING VIEWERS

Solid Growth OpportunitiesUpside from BTS rail mass transit expansion and monetization of Rabbit’s data

4.0X EXPECTED INCREASE IN BTS TRAIN CAPACITY 4.9X EXPECTED INCREASE IN BTS STATION CAPACITY

FIRST PHASE OF MONETISING RABBIT’S DATA AND PLATFORM

2016/17 2021/22 E

CORE + EXTENSION 208 236

GREEN (SOUTHERN) NONE 60

GREEN (NORTHERN) NONE 84

PINK NONE 168

YELLOW NONE 120

GREEN EXT. (WESTERN) NONE 32

LRT NONE 64

GREY (PHASE I) NONE 72

TOTAL 208 4.0X 836

TOTAL SECURED 208 3.2X 668

2016/17 2021/22 E

CORE + EXTENSION 30 34

GREEN (SOUTHERN) NONE 9

GREEN (NORTHERN) NONE 16

PINK NONE 30

YELLOW NONE 23

GREEN EXT. (WESTERN) NONE 6

LRT NONE 14

GREY (PHASE I) NONE 15

TOTAL 30 4.9X 147

TOTAL SECURED 30 3.6X 108

New extensions are expected to add more than 1 million passengers daily. Together with our existing networks, the exposure to VGI advertising is expected to increased by 2.9X.

772,132 932,000

1,065,000

2016/17 2021/22

2.6X increased

Ridership from VGI’s existing network

Ridership from New extensions

To create targeted media through Rabbit’s data across BTS’s existing and future media platform

Improved occupancy by monetisingrabbit’s data and BTS platform

80%

95%

20%

5%

3YRS AVG. 2017/18 - 2020/21

Successful case: 11 STREET Station Sponsorship(launched in February 2017)• Innovative Rabbit Media has

partnered with 11 STREET, which stimulates the 3 key senses – touch, sight and sound.

• Leveraging on the data analysis of travel behavior coupled with strategically selected VGI’s media

Occupiedinventory

Unoccupiedinventory

1,997,000

Section 4.1: Transit Media 19


Transit Media in MalaysiaReplicating our successful BTS-related media business model into an international market

TITANIUM COMPASS PROFILE

RIGHT AND NETWORK

• Exclusive right to manage advertising space across SBK line

INVESTMENT & ACCOUNTING METHOD

Investment: 19.0% in Titanium CompassAccounting Method: Equity sharing

No. of station 31 stationsNo. of trains 58 trains No. of carriages 232 carriagesLine length 51 kilometersViewer reach >140,000/dayOperation date 17 July 2017

Expand our presence into an international market by setting up a JV, Titanium Compass Sdn Bhd, with three major leading advertising players in Malaysia.

• 10 years (Dec 2016 – Dec 2026)

LENGTH OF CONTRACT

TITANIUM COMPASS SHAREHOLDING STRUCTURE

SBK LINE INFRASTRUCTURE

VGI is entitled to subscribe for addition share of 30% in Titanium Compass .

TITANIUM COMPASS

VGIPuncakBerlian

UtusanAirtime

IkantanAsli

19% 51% 20% 10%

Section 4.1: Transit Media 20


636 732 725

622 694 735

932

2011 2012 2013 2014 2015 2016 2017

Outdoor MediaNo.2 in Outdoor Media

MACO’S PRODUCTS (% OUT OF 2017 MACO REVENUE)

I. BILLBOARD (63%)

II. STREET FURNITURE (37%)

III. CREATIVE PRODUCTION

INTERNATIONAL NETWORK

• Expand its footprint to Malaysia by investing 100% in MACO Outdoor SDN BHD (MACO Outdoor)

• Currently, MACO Outdoor has 10 panels located in main express way and gateway to KL international airport


OUTDOOR MEDIA PROFILE

KEY FINANCIAL HIGHLIGHT

Section 4.2: Outdoor Media

Investment: 30.3% in Master Ad Plc (MACO; a listed in SET)Accounting Method: Consolidation

MACO’s revenue (THB mn)

21

DOMESTIC NETWORK


27.1%

Mega billboard 264 panelsNetworking billboard 735 panelsPTT poster 240 panelsLED screen 35 screensLCD screen 250 screensStreet furniture 494 panels under 20 BTS Sky Train stations, 20

major flyovers and public transit hubs

• Billboard and street furniture covering all provinces in Thailand


MACO Strategic RoadmapGrowth drivers from existing media and acquisition opportunity

Existing Network Target 2018

LED SCREEN IN UPCOUNTRY (HATYAI PROVINCE) BILLBOARD IN MALAYSIA

KEY GROWTH AND DEVELOPMENT

Section 4.2: Outdoor Media 22

2.INTERNATIONAL MARKET EXPANSION

Invest in additional potential companies in Malaysia within 2017 by establishing a strategic alliance with a strong local partners.

10 panels in portfolio

Expand media coverage in Malaysia

3.STRATEGIC PARTNERSHIP

Strengthen alliance and partnership network to

build our competitive advantage 1-2 additional M&A

After combined with Multi Sign & Comass, MACO now have 30% market share in

outdoor media

1.DIGITISATIONTo convert static media to digital media in potential areas in order to reach customers’ need and gain more interaction with audiences.

100%static

To have 50 digital screens in our portfolio

21 screensIn 2017

50 screensIn 2018

4.ADAPTIVE MEDIA CAMPAIGN

Create value added media through Rabbit’s data driven

Multi-platform Big Data

MACO VGI GROUPMulti SignComass

RABBIT


No. of location 172 office buildings

Digital Media 1,334 screens

Viewer reach >500,000 people/day

Office Building & Residential MediaNo.1 in Office Building and Residential Media

OFFICE BUILDING AND RESIDENTIAL MEDIA PROFILE OUR PRODUCTS

• Exclusive rights to manage advertising space in office buildings throughout Bangkok CBD:-

RIGHTS & NETWORK

• Office buildings: 3-5 years• Residential buildings: 3 years

LENGTH OF CONTRACT

• Office buildings: Revenue sharing & fixed rates• Residential buildings: Revenue sharing

CONCESSION FEE

KEY FINANCIAL HIGHLIGHTS

• Exclusive sale agent for ARTISTA media:-No. of location 281 residential buildingsDigital Media 650 screens


19

76 79

145 149 163201

227

2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17

I. MEDIA INSIDE ELEVATORS AND OFFICE BUILDING AREAS

II. MEDIA INSIDE ELEVATORS AND RESIDENTIAL BUILDING AREAS

REVENUE CAGR (7 YRS) : 42.5%

VGI bundled office building networks and sold in package. The sale strategy has proven to be successful as evidence in historical revenue record.

Section 4.3: Office Building & Residential Media 23


8.3%


• Working people and Family• Middle Income• Grade B residential buildings in Bangkok

• White collar workers• Middle – High Income• Grade A& B office buildings in Bangkok

• Grade C office and residential buildings• Middle Income• Upcountry market

Office Building & Residential MediaUpside from our existing office assets base and new office & residential supply

NEW OFFICE SUPPLY IN BANGKOK

Expected of 484,300 sq.m. new office supply during 2017 – 2019

TO DOMINATE OFFICE BUILDING MARKET IN BANGKOK

Our network is currently concentrated in CBD

WELL-POSITIONED TO SECURE PARTNER’S REMAINING CONDO.

Expand the media coverage through all partner’s condominiums comprising of LPN, AP and Grand U as well as new partners

CAPTURING ALL CONSUMER PROFILE INCOME AND GEOGRAPHIC

Expand our viewer based by tapping into Grade C and upcountry market

Office Building

Residential

TO BE CAPTURED

VGI’s office building network

Bangkok CBD

Section 4.3: Office Building & Residential Media

Potential buildings

50%

50%

Total 439 Buildings

ARTISTA’s network

Source: Artista Media

484,300 sq.m.

-

50

100

150

200

250

2009 2010 2011 2012 2013 2014 2015 2016 2017F 2018F 2019F

CBD ('000 sq.m.) Non CBD ('000 sq.m.)

Source: CB Richard Ellis (Thailand) Co., Ltd.

24


39 42 45 49 50 43 49 57 61 7598

122137 148

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Strong growth is expected mainly driven by an increasing in air traffic which will directly facilitating Aero Media’s performance.

HISTORICAL NUMBER OF PASSGENGERS

Source: Airport of Thailand PLC and Department of Airport, Thailand

AERO MEDIA’S PRODUCTSAVIATION MEDIA PROFILE

No. of location 14 airports

Digital Media 343 LEDs screens

Static Media 57 jet bridges

2,500 trolleys

12 buggy service cart wrap

Media on plane 30 planes of Thai Lion Air30 planes of Air Asia20 planes of Nok Air

Website management All websites of AOT airports


RIGHTS & NETWORK

• Rights to manage advertising space across 14 airports, including Suvanabhumi and Don Mueng airport


Investment: 30.0% in Aero Media Group Co., LtdAccounting Method: Equity sharing

• 3 – 5 years on average

LENGTH OF CONTRACT

13YRS CAGR: 10.7%

I. LEDS SCREEN

III. JET BRIDGES

IV. TROLLEYS V. WEBSITE MANAGEMENT

Aviation MediaNo. 2 in Aviation Media

Section 4.4: Aviation Media 25

II. MEDIA ON PLANE


Activation MediaNo. 1 in Asia

Section 4.5: Activation Media

ACTIVATION MEDIA PROFILE

RIGHT AND NETWORK

• Right to manage the entire process of demonstration service in a thousands of locations nationwide.


Investment: 40.0% in Demo Power (Thailand)Accounting Method: Equity sharing

DEMO POWER SERVICES, PARTNERS AND BRANDS

Non-exclusivity location: > 650 stores

Exclusivity locations: > 360 stores

I. SERVICES

II. BUSINESS PARTNERS

III. BRANDS

No. of location >1,000 stores

Clients >300 brands

Audience interaction >40mn people/ year

Consumer journey Retail (Supermarkets & Hypermarkets)

Transit (BTS & MRT)

Work (Offices, Factories and Exhibitions)

Leisure (Malls & Cinemas)

Demo Power is the largest trial and demonstration service company in Asia, covering a nationwide network in Thailand with more than 10 years experience in demonstration business.

UPSIDE: ADDITIONAL CONSUMER INTERACTION (PEOPLE/DAY)

Potential expansion on VGI’s existing network both commercial space on BTS stations and office buildings

109,589 109,589

720,155

740,000

Demo Power Demo Power + Upside from VGI

14.3X increased

BTS

Office Building

Demo Power

1,569,744

26


Digital Services BusinessRabbit: Payment Business

OFFLINE PAYMENT: RABBIT CARD


Investment: 90.0% in Bangkok Smart Card System (BSS)Accounting Method: Consolidation

PAYMENT PRODUCTS

I. RABBIT CARD

II. RABBIT LINE PAY

A contactless smart card to make electronic payments across Bangkok’s mass transit network and participating brick-and-mortar merchants.

A mobile e-wallet solution embedded in the leading chat messenger application.

Current 2020

Rabbit Cards 8.5mn >15.0mn

Active Cards 3.2mn > 8.0mn

Retailer Points > 5,200 points >10,000 points

Current 2020Line Users 45.0mn >55.0mn

Rabbit Line Pay Users 2.6mn >10.0mn

Online Merchants > 600 merchants >600 merchants

CURRENT VS FUTURE’S RIGHT AND NETWORK

ONLINE PAYMENT: RABBIT LINE PAY


Investment: 24.0% in Rabbit Line Pay1

Accounting Method: Equity sharing

CURRENT VS FUTURE’S RIGHT AND NETWORK

1 The JV between Rabbit Pay System 50% and other 50% held by 1) 24.99% held by LINE Biz+ Pte. Ltd. 2) 25.01% held by LINE Company (Thailand)

Section 4.6: Digital & Data Business 27


Digital Services BusinessRabbit: Service Business

ONLINE INSURANCE BROKER SERVICE PRODUCTS

I. ONLINE INSURANCE BROKERInsurance aggregator services on Rabbit Finance website and also a licensed broker for insurance products.


Investment: 27% in Rabbit Internet (RI)Accounting Method: Consolidation1

1 BSSH can consolidate RI financial performance as they invested 25% in equity and 30% in convertible loan.

CURRENT VS FUTURE’S SERVICE AND NETWORK

• Rabbit offers personal insurance comprised of Car, Life, Health and Travel insurance

MICRO LOAN THROUGH THE JOINT VENTURE WITH AEON


Investment: 46% in ATSAccounting Method: Equity sharing


• Rabbit offers micro loans through its partnership with AEON

II. AEON RABBIT MEMBER CARD

Insurance companies in-services

Current 2020

Gross written insurance premiums/ month

>THB 16mn >THB 100mn

Current 2020

Outstanding Loan >THB 1,300mn >THB 4,000mn



Digital Services BusinessRabbit: Media Business

WEB PORTAL BUSINESS


Investment: 23% in Rabbit Internet (RI)Accounting Method: Consolidation1


RABBIT DAILY WEBSITE

I. RABBIT DAILY, LIFESTYLE WEBSITE

• Manage web portal under the brand “Rabbit Daily”, which provides links to websites and articles, and online web-based application business

1 BSSH can consolidate RI financial performance as they invested 25% in equity and 30% in convertible loan.

Current 2020

No. of visitor 3mn monthly visits >30mn monthly visits

No. of media format 50 >300

Online lifestyle publisher, providing social news and entertainment content and advertorials

RABBIT MEDIA

The media solution, integrating Offline & Online media platform with Rabbit’s data.

OFFICE OUTDOOR AVIATIONTRANSIT ACTIVAION

OFFLINEOut-of-Home Platform

AWARENESS ENGAGEMENT

ONLINEDigital Platform & Data

CONVERSION

O2O

Data driven full integrated offline-to-online (and vice versa) media solution platform, to stimulate and capture call to actions

FacebookInstagramGoogleApp networks

Mobile networksRabbit Line PayRabbit Daily

RABBIT DATABASE



Agenda
















Appendices

30


2017/18 Target

31

Transit 54%

Outdoor 24%

Office Building & Other 8%

Digital services 15%

2017/18 EXPECTED REVENUE CONTRIBUTION

THB 4,000mn

KEY GROWTH DRIVERS

• Increase in price and occupancy • Kick in synergies from Rabbit Media

Transit

• Full year effect of Multisign’s consolidation and additional M&A

• Digital conversionOutdoor

• Full year revenue recognition from BSSH’s subsidiaries

• Additional revenue from Cross Media campaign

Digital services

• 10 additional office buildings and price increase

Office Building & Other

TOTAL CAPEX (THB MN)

700

250 210

150 90

Total CAPEX Transit Outdoor Digital services Office Building& Other

VGI TARGET REVENUE (THB MN)

4,000

2,150

950 600 300

Total Revenue Transit Outdoor Digital services Office Building &Other

Section 5: 2017/18 Target and Strategic Update


Agenda
















Appendices

32


VGI Financial Performance

1

2

3

4

Revenue expansion driven by M&A in MACO, Rabbit Group as well as 2% from organic growth.

1

Consolidated Outdoor media from MACO started in June 20162

Total of 27 additional buildings were added in our media portfolio, surpassing our year-end target

3

Growth was driven by 1) BSS from card issuing fee, improvement in marketing and co-promotion from Rabbit cards and 2) increase in insurance commission revenue.

4

2013/14 2014/15 2015/16(restated)

12016/17 YoY (%)

INCOME STATEMENT (THB mn)

Operating Revenue 3,149 2,963 2,341 3,052 30.4%

Transit Media 1,679 1,805 1,793 1,865 4.0%

Outdoor Media - - - 550 n/a

Office Building & Other Media 175 189 240 266 10.2%

Modern Trade Media2 1,295 969 50 - n/a

Digital Services - - 258 371 43.8%

Cost of sales 1,342 1,325 881 1,269 44.1%

Gross profit 1,807 1,638 1,461 1,783 22.0%

EBITDA 1,510 1,225 1,391 1,356 -2.5%

Net profit 1,146 838 941 826 -12.1%BALANCE SHEET (THB mn)

Total assets 2,741 3,286 5,563 7,985

Total liabilities 788 1,457 1,728 4,880

Interest bearing debtNo

leverage762 446 2,957

Total shareholders' equity 1,953 1,829 3,835 3,105CASH FLOW (THB mn)

Cash from operating activities 1,292 1,070 732 957

Capital expenditures (510) (521) (207) (311)PER SHARE DATA (THB/ share)

Earnings per share 0.3 0.1 0.1 0.1

Dividend per share 0.3 0.2 0.1 0.1

Book value per share 0.6 0.3 0.6 0.5KEY RATIOS

Gross profit margin (%) 57.4% 55.3% 62.4% 58.4%

EBITDA margin (%) 47.9% 41.4% 59.4% 44.5%

Net profit margin (%) 36.4% 28.3% 40.2% 27.1%

Debt to equity (times)No

leverage 0.3x 0.1x 1.0x

ROA (%) 43.1% 27.8% 19.1% 12.2%

ROE (%) 60.7% 44.3% 31.6% 23.8%

Section 6: 2016/17 Financial Performance 33

Weaker margin was mainly due the mourning period effect and one-time SG&A related to restructuring and integration efforts.

5

5

1The Company restated 2015/16 financial performance after the consolidation of Rabbit Group under the common control basis.2The Company terminated the Modern Trade Media business in 4Q 14/15. Therefore, this business unit will no longer generate revenue from 2Q 15/16 onwards.

Office & Other Media

Digital Services

Transit Media

THB 3,052mn

Outdoor Media

61.1%

18.0%

8.7%

12.2%


Agenda
















Appendices

34


TRANSITTHB 549mn

56.1%

PROFIT AND LOSS STATEMENT

3Q 2017/18 Overview

35Section 7: 3Q 2017/18 Financial in More Detail & Business Update

• Revenue expansion by 26.8% driven by OOH media business and synergies from offline to online (O2O) solutions.

• Better Gross profit margin from operational efficiency and cost management especially in Outdoor media segment. (Cost to sales ratio decreased to 39.4% from 42.8%).

• EBITDA rose as a result of the considerably improved revenue.

• Adjusted net profit increased by 53.3%, despite 1) an increase in concession fee of Transit media from 5% to 10% and 2) higher interest expenses.

1Adjusted for share of investment in JV and associates and non-recurring expenses.2 As shown in financial statement, excluding minority interest. 3Net profit excludes minority interest, is adjusted for amortisation of acquisition in MACO, share of investment in JV and associates, non-recurring expenses, tax on gain from sales of MACO’s shares in 2Q 2017/18 and reclassification of

tax gain from sales of MACO’s shares in 3Q 2017/18.

KEY FACTORS3Q 17/18 REVENUE CONTRIBUTION

8.5%

DIGITAL SERVICESTHB 83mn

8.3%

OFFICE & OTHERTHB 81mn

27.1%

OUTDOORTHB 265mn

THB 978mn

(THB mn) 3Q 16/17 2Q 17/18 3Q 17/18 QoQ (%) YoY (%)Operating revenue 772 978 978 0.0% 26.8%Gross profit 442 591 593 0.4% 34.3%EBITDA 248 444 372 -16.2% 49.8%Adjusted EBITDA1 273 451 433 -4.1% 58.2%EBIT 151 333 260 -21.7% 72.7%

Interest expenses 10 25 22 -10.7% 116.6%Tax 47 83 37 -55.4% -20.4%

Net Profit2 126 202 181 -10.3% 43.8%Adjusted net profit3 157 227 240 5.9% 53.3%

Gross profit margin 57.2% 60.4% 60.6%EBITDA margin 32.1% 45.4% 38.0%Adjusted EBITDA margin 35.4% 46.1% 44.2%Net profit margin 16.3% 20.6% 18.5%Adjusted net profit margin 20.3% 23.2% 24.5%


180 161 170

232 265

3Q 4Q 1Q 2Q 3Q

TRANSIT MEDIA REVENUE (THB mn) OFFICE & OTHER MEDIA REVENUE (THB mn)

Revenue by Business UnitsBroad and resilient portfolio

36

OUTDOOR MEDIA REVENUE (THB mn) DIGITAL SERVICES REVENUE (THB mn)

+46.8% YoY

10697 97 87 83

3Q 4Q 1Q 2Q 3Q

-21.7% YoY

Section 7: 3Q 2017/18 Financial in More Detail & Business Update

459 489 465

60 87 84430

535 519 576 549

3Q 4Q 1Q 2Q 3Q

+27.7% YoY

2016/17 2017/18

NEW SYNERGIES ON TRANSIT MEDIA

5571 66

83 81

3Q 4Q 1Q 2Q 3Q

+47.3% YoY

Successfully secured 10 additional contracts (a total of 172 office buildings), thereby achieving this year’s target.

Benefitted from higher utilisation of 21 digital screens.

2016/17 2017/18

2016/17 2017/18 2016/17 2017/18

Lower revenue from system and project management fee.

Driven by strong organic growth, price increases of static media, as well as the increasingly popular roll-out of O2O solutions via ‘station sponsorship’ campaigns.


Balance Sheet & Cash Flow

37

ASSETS BREAKDOWN (THB mn)

CASH FLOW (THB mn)

LIABILITY & EQUITY BREAKDOWN (THB mn)

5,372 5,870

2,613

3,694

31 March 17 31 December 17

38.6%

61.4% Non-current assets

Current assets32.7%

67.3%

9,564

7,985

Target

9M 17/18 17/18

Transit Media 118 250

Office & Others Media 34 90

Total VGI 152 340

Outdoor Media 249 210

Digital Services 39 150

Total VGI, MACO & Rabbit 440 700

CAPEX (THB mn)

799

1,581

793* 1,038 1,029**

Beginning cash(Restated)

(31/3/2017)

CFO CFI CFF Ending cash(31/12/2017)

*After tax and net tax refund (THB 246mn) and interest expense (THB 65mn)**Included translation adjustment of THB -1.3mn

Equity

3,105

5,799

2,072

1,8422,808

1,923

31 March 17 31 December 17

Non-current liabilities

Current liabilities

38.9%

25.9%

35.2%

9,564

7,985

60.6%

19.3%

20.1%


IB Debt THB 2,957mn THB 2,074mn

D/E ratio 1.0x 0.4x


Business Update

38

OUT OF HOME KEY DEVELOPMENTS

TRANSIT MEDIA

Bangkok’s Network

• OPPO brand at Mo Chit, Ploenchit and Saladang

• AEON brand at Asok

• COMICO brand at Victory Monument

• Aquarius at Chong Nonsi

• AIS at Siam

• McDonald’s at National Stadium

• Netflix at Phaya Thai

Malaysia’s Network

• >200,000 ridership in SBK Line

• Media on 5 stations and 20 trains

OFFICE MEDIA

Office buildings portfolio has achieved this year’s target

• Total 172 office buildings (additional 10 buildings)

OUTDOOR MEDIA

• Fully operated 35 digital screens/ 51 screens

AVIATION MEDIA

• 14 airports (additional 1 airport)

• 343 digital screens (additional 1 screen)

• 80 media on planes of Air Asia, Thai Lion Air and Nok Air (additional 4 planes)

ACTIVATION MEDIA

• Demonstrate on 34 BTS stations

Transit Media in Bangkok

Transit Media in Malaysia



Business Update

39

DIGITAL SERVICES KEY DEVELOPMENTS

OFFLINE PAYMENT

• 8.5mn cardholders

• 5,200 retail points

• 145 brand partners

ONLINE PAYMENT

• 2.6mn Rabbit LinePay members

• 600 merchants

MICRO LOAN SERVICES

• THB 1,335mn



Agenda
















Appendices

40


Company and Organisation Structure

Board of Directors

Company Secretary

Audit Committee

Executive Committee

Nomination and Remuneration

Committee

Internal Audit Office

Deputy Chief Executive Officer

Chief Operating

Officer

Chief Sales Officer

Chief Technology

Officer

Chief Financial Officer

Chief Legal and

Compliance Officer

ORGANISATION STRUCTURE

Advisory Board

Corporate GovernanceCommittee

COMPANY STRUCTURE

BTSG

VGI

VGI Advertising Media

100%

888 Media100%

POV100%

MACO30.7%

Aero Media30%

• 41.0% Kanjanapas Family• 59.0% BTSG’s Minorities

BTSC97.5%

22.8%48.6%

BSS90%

BSSH90%

• 0.5% Kanjanapas Family

• 28.1% Public

Demo Power40%

Titanium Compass

19%

Appendix: Company and Organisation Structure 41

Chief Executive Officer

VGI Malaysia100%

The ICON VGI25%


52.2%

10.5%

10.5%

1.8%

20%

49%

30%

80%

51%

49%

49%

33.3%

33.3%

33.3%

51%

51%

Rabbit’s Company Structure

Rabbit Internet

Rabbit Pay System

ATS

Rabbit Insurance Broker

ASK Direct Group

Theory

Mavericks

Som-O 1984

Mr. Pongpaichayont T.

Kerry Logistics(Thailand)

AEONTS

Rabbit Line Pay

BTSG

BTSC

VGI

BSS Bangkok Bank97.5%

22.8% 90%

90% 10%

10%

BSSH

LINE Biz + PteLINE Company (Thailand)

AIS/ mPay

Appendix: Rabbit’s Company Structure 42


Transit Media Products

43

I. TRAIN

II. STATION III. MERCHANDISING

Appendix: Transit Media Products


Transit Media ProductsStation Sponsorship Campaign

44Section 2: Business Update


SBK Line Products

45Appendix: SBK Line Products


Office & Residential Media Products

46

I. MEDIA INSIDE ELEVATORS AND OFFICE BUILDING AREA

II. MEDIA INSIDE ELEVATORS AND RESIDENTIAL BUILDING AREA

Appendix: Office & Residential Media Products


Outdoor Media Products

47

II. STREET FURNITURE III. CREATIVE PRODUCTION

I. BILLBOARD

Appendix: Outdoor Media Products


Aviation Media Products

48

I. LED SCREEN

II. JET BRIDGES III. WEBSITE MANAGEMENT

Appendix: Aviation Media Products


Activation Services

49Section 2: Business Update


Bangkok Rail Mass Transit Master Plan515km* by 2029, 23.8% share of mass transit commute by 2037

Sources: Office of Transport and Traffic Policy and Planning, Bangkok Metropolitan Administration

Appendix: Bangkok Rail Mass Transit Master Plan 50

Seoul 51% Hong Kong 46% Singapore 40% Tokyo 36% Guangzhou 17% Bangkok 6%

RAIL MASS TRANSITMARKET SHARE

Source: OTP, Singapore’s Land Transport Authority, Hong Kong’s Transport Department, MTR Corporation Limited, SMRT Corporation Limited, Japan Statistic Bureau

Hong Kong 35.0 Singapore 35.6 Tokyo 42.0 Bangkok 10.2

RAIL TRACK LENGTH PERVASION(per million population)

Source: United Nations Statistics Division, BTSC, BMCL, MTR Corporation Limited, SMRT Corporation Limited, official websites of rail mass transit system in major cities


Potential Developer of Mass Transit ExtensionBTSG focused on new lines: total length of 137.3km

Appendix: Potential Developer of Mass Transit Extension 51

PINK LINE• Khae Rai – Min Buri (34.5km)• Target operation: 2021

DARK GREEN NORTH LINE• Mo Chit – Saphan Mai – Khu Khot (18.2km)

• Status: under construction• Target operation: 2020

GREY LINE• Watcharaphol – Rama 9 Bridge (26.0km)• Awaiting EIA approval• Expected bidding (phase I): 2017• Target operation (phase I): 2022

Phase I: Watcharaphol – Thong Lo (16.3km)

LIGHT RAIL TRANSIT (LRT)• Bang Na – Suvarnabhumi (18.3km)• Expected bidding: 2017• Target operation: 2022

DARK GREEN SOUTH LINE• Bearing – Samut Prakarn (12.6km)• Status: under construction• Target operation: Late 2018

LIGHT GREEN LINE• Bang Wa –

Borommaratchachonnani (7.0km)• Expected O&M award: 2017• Target operation: 2020

YELLOW LINE• Lad Prao– Sam Rong (30.4km)• Target operation: 2021


Malaysian Mass Transit Map

SBK Line

Operated

Line

Appendix: Malaysia Mass Transit Map 52


VGI and MACO Top20 Customer Profile

VGI: CUSTOMER TYPE

MACO: CUSTOMER TYPE

77.4%

22.6%

Agency

Direct customer

70.0%

30.0%

VGI: TOP BRAND

MACO: TOP BRAND

Appendix: VGI and MACO Top20 Customer Profile

Agency

Direct customer

53

http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwidz5ijtqjSAhXMO48KHVqeCOMQjRwIBw&url=http://vivaki.md/advertising-agency/zenithoptimedia/&bvm=bv.147448319,d.c2I&psig=AFQjCNFu09CELdJRk0NoDkKDbBwfEvJ9Qw&ust=1488014960146331

http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwidz5ijtqjSAhXMO48KHVqeCOMQjRwIBw&url=http://vivaki.md/advertising-agency/zenithoptimedia/&bvm=bv.147448319,d.c2I&psig=AFQjCNFu09CELdJRk0NoDkKDbBwfEvJ9Qw&ust=1488014960146331

http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjL28i7tqjSAhUJr48KHRNlCPwQjRwIBw&url=http://caanz.co.nz/agencies/starcom-nz/&bvm=bv.147448319,d.c2I&psig=AFQjCNHhKasqArpjXw0a3m_JyPX3iwSDKQ&ust=1488015128712863

http://www.google.co.th/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjL28i7tqjSAhUJr48KHRNlCPwQjRwIBw&url=http://caanz.co.nz/agencies/starcom-nz/&bvm=bv.147448319,d.c2I&psig=AFQjCNHhKasqArpjXw0a3m_JyPX3iwSDKQ&ust=1488015128712863

http://www.phdmedia.com/

http://www.phdmedia.com/


Warrant Issuance and Stock Dividend

WARRANT ISSUANCE: KEY TERMS & CONDITIONS STOCK DIVIDEND

TICKER VGI-W1

TERMS 4 Years

EX-RIGHTS DATE 9 July 2014

ISSUANCE DATE 1 Aug 2014

EXPIRATION DATE 1 Aug 2018

EXERCISE PERIOD Quarterly basis

WARRANT PRICE Free

ALLOCATIONTo existing shareholders at the ratio of 4 VGI existing shares : 1 VGI-W1

NO. OF WARRANTS Up to 1,715,572,328 Units

EXERCISE RATIO 1 VGI-W1 to 1 ordinary share of VGI

EXERCISE PRICE THB 7.00

Free warrants Preferential right to existing shareholders Funding to be used for potential acquisitions/ CAPEX

RATIONALE

Expected maximum proceeds THB 12,011,067,698

1:1 STOCK DIVIDEND (INCREASING CAPITAL)

No. of allocated shares 3,431,975,575 shares

Total shares after increasing capital 6,863,978,450 shares

STOCK AND CASH DIVIDEND

Ratio of stock dividend payment 1 VGI existing share: 1 stock dividend or at rate of

THB 0.10 per share

Cash dividend payment THB 0.011111111111

per share

XD Date 17 Mar 2015

Payment Date 31 Mar 2015

Appendix: Warrant Issuance and Stock Dividend 54

Date post:	04-Jun-2018
Category:	Documents
Upload:	nguyennhan
View:	213 times
Download:	0 times

VGI O2O SOLUTIONS -...

Documents