following actions with respect to risk management: (1) establish a written comprehensive risk management policy framework that covers all risk areas, with approval of its board of directors or the working
Repayment to repay its other creditors and as working capital for its business operation (Please see the details of the repayment to the other creditors in 2.1.2). Remark The Company has not drawn any loan
of the offering proceeds cannot be made to the trustee to create the trust within fifteen working days from the closing date. The approval on the offering shall be terminated upon termination of the
benefits to be received by the Company, i.e. using the proceeds derived from the offering for working capital for its business, increasing the liquidity and supporting the Company’s expansion of its core
quarter of 2018 1. The Company increased frequency on route: Bangkok – Mandalay from 7 flights per week to 11 flights per week (started in July 2018) 2. The Company has 26 codeshare partners in total in
, when COVID-19 pandemic situation got controlled and recovered, the Company has started to operate some of domestic routes as in details below; Date Started to Operate Route Frequency per Week 15 May 2020
raising to be used as working capital and/or to invest in additional projects of the Company and/ or repay debt. The Board of Directors therefore approved the extension of the debenture issuance amount and