Management decided to use deficits from business combinations under common control as a balancing account. The change in this account in each reporting period was due to the difference between the amount that
statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the same period in the year 2017 ended December 31, 2017. The
the sales of same period of 2017. Mainly resulted from an increase in sales from all of Company’s products especially Discs that was risen 46.78% when compares to Disc plough 2017’s sales. In overall
calculate the “market price per share of the ordinary shares of the Company” as there is no trade of the ordinary shares of the Company in such period, the Company will calculate the market price by applying
from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the
Company. 2. Acquisition of 67,106 ordinary shares in Hero Experience from Travel Channel Agency Co., Ltd. (the “Travel Channel Agency”), equivalent to 2.5 percent of the registered capital of Hero
sale transaction for ordinary shares in Prime Locations Management 3 Limited (the "Joint Venture Company"), a wholly owned subsidiary of SHR SC, of 4,000,000 ordinary shares (representing 50% of the
offered for sale 3. Sources of the pricing of the securities being offered for sale 4. Price of the ordinary shares in the secondary market 5. Subscription, distribution and allocation Contents (continued
1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the three-month period ended 31 March 2019 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE