Snibble,

That car is a Thailand registered car. The badging is obviously redone to the owner's taste. Somehow, ever since the badge had omitted the joining bar, there have been people who change the badge designation to their taste. For example, I have seen a S320L rebadged as a SDE320S, because that combination is the licence number of the car.

Well, to each his own.....

Maybe I will rebadged my car to 100D.......