Corporate INFO

Mana Jantanayingyong
Chairman of the Board of Directors

Dear Shareholders,

On behalf of Master Ad Public Company Limited (“MACO”)’s Board of Directors, I am pleased to report that 2017 was a historic year for MACO as we delivered the strongest performance in the Company’s history. The Board of Directors realised that the achievement in 2017 was a collaboration of every related party, especially our management team and employees. I would like to take this opportunity to convey my appreciation to all staff who have played invaluable roles in translating the Company’s vision and mission into reality. I would also like to convey my appreciation to the shareholders, customers, and business partners for their continued support and confidence in MACO.

Over the past years, MACO has expanded in new acceleration Out-of-home (“OOH”) media platform and entered into a major growth phase throughout 2017. After the acquisition of Multi Sign Company Limited back in October 2016, we once again enhanced our competitive capabilities through the acquisition of Comass Company Limited, in June 2017. During the year, MACO also has started to introduce digital media into its product portfolio by replacing several of static media platforms with digital media. It has become an important growth engine of profitability of the company and we expect to continue expanding this network in 2018.

MACO has consistently adhered to its corporate social responsibility (“CSR”) philosophy. In the last couple of years, the Company has continued CSR project, namely MACO Media for CSR. This project is to provide media spaces for CSR activities without any charges. Moreover, this is the first year that the Company has prepared the sustainability report in accordance with the Sustainability Reporting Guidelines of the Global Reporting Initiative (GRI). Through our long-term corporate governance practices, MACO has been recognised with a 4-star corporate governance rating (Very good) for 12 consecutive years.

Let us also take this opportunity to inform you on a change of the Chief Executive Officer position of MACO from Mrs. Suparanan Tanviruch to Mr. Phoon Chiong Kit. Throughout the past 2 years, Mrs. Suparanan has dedicated herself to build the strong fundamental of the Company and push the Company toward being a leading OOH media company in Thailand. On behalf of Chairman of the Board of Directors, I would like to extend my sincere appreciation for her consistent hard work and dedication provided to the Company.

On behalf of the Board of Directors, I am very pleased to announce that we have chosen Mr. Phoon Chiong Kit to serve as the next Chief Executive Officer of MACO. The Board of Directors are confident that he will bring his extensive experience, leadership and expertise in managing leading regional companies to achieve the significant success for the next phase of MACO and deliver sustainable growth to the Company. I am sure that we will see a further acceleration of business expansion throughout 2018.