inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and
international passenger was from 52.0 percent to 56.0 percent as a result from entering into agreement with more code share partners. The market with the largest incremental number of passengers was from point-of
percent to 56.0 percent as a result from entering into agreement with more code share partners. The market with the largest incremental number of passengers was from point-of- 3 ASIA’S BOUTIQUE AIRLINE sale
, while number of visitors from Europe started a significant decline of 51. 2 percent in March, resulting in a total drop of 15 . 0 percent in the first quarter for European market. (Source: Ministry of
. Market and Competitive Environment The Thai economy in FY22 started off with a positive tone of post-pandemic recovery with the tourist and hospitality- related sectors mostly benefiting from the border re
the new projects and interest expense. The Company has anticipated the impact of Dusit Thani Bangkok Hotel closure that will result in lower performance. As a result, the Company has planned to create
Price”). The Private Placement Offering Price is at the same price as the Right Offering price, but lower than the Market Price equaling to 20% of the Market Price, and also lower than the fully diluted
Placement Offering Price is at the same price as the Right Offering price, but lower than the Market Price equaling to 20% of the Market Price, and also lower than the fully diluted price (the average share