impacts of the situation. In 2020, the Company has initiated Organizational Transformation project which emphasizes on increasing operational efficiency and work process whereby the Group CEO also assumes
initiated Organizational Transformation project which emphasizes on increasing operational efficiency and work process whereby the Group CEO also assumes an additional role of Chief Transformation Officer
be initiated by relevant trade debtors. This will also enhance financial structures of the Company. The sale of Komchadluek Business and Trademark will reduce risks concerning loss since KMM has
uniquely diversified and integrated company in the context of its businesses. The recent acquisition of Glanzstoff’s facilities has also started a new facility in China and allows IVL to present a full menu
revenue 3 ASIA’S BOUTIQUE AIRLINE from the same point-of-sale at 53.2 percent. The Company has started flight service from Samui to Chengdu in July 2016, and operated daily flight from Samui to Guangzhou in
point-of-sale in china at 24.7 percent and 57.6 percent for the third quarter and nine-month period of year 2017 respectively. The Company has started flight service from Samui to Chengdu and Samui to
expressed its interest in providing the assistance for the debt restructuring of the Company and started conducting legal, accounting and financial due diligence. SSG Group found that the due diligence
starting from first quarter of year 2017. Additionally, new flights service have been started from Samui to Chongqing 3 ASIA’S BOUTIQUE AIRLINE and Samui to Guangzhou with three flights and seven flights per
Thailand from July- November 2018 declined at 12.0 percent, but the situation started to improve in December. As a result, the 3 ASIA’S BOUTIQUE AIRLINE overall Chinese arrival to Thailand increased at 2.8