losses for the past several years as shown in the financial statements of the Company, which affected the financial liquidity and adequacy of cash flow used as working capital of the Company. Therefore
value of consideration which is the basis giving the highest result of transaction. The outcome is calculated from the Company’s consolidated financial statements in interim review version for the 9-month
the second portion of the Sale Shares, in addition to being subject to the Share Purchase Conditions, are also subject to that any of S-TREK’s audited financial statements for 12-month period ending on
may have potential conflicts,” “management,” “major shareholder,” “person who has power of control,” “related party,” “credit rating,” “electronic information,” and “consolidated financial statements
value of 12.22 percent calculated based on the first calculation basis i.e. Net tangible assets criterion based on the Consolidated Financial Statements ending 31 March 2017. Information Memorandum on the
transaction value of 12.22 percent calculated based on the first calculation basis i.e. Net tangible assets criterion based on the Consolidated Financial Statements ending 31 March 2017. Information Memorandum
on our audited financial statements for the years ended December 31, 2016, 2017 and 2018 and for nine-month periods ended September 30, 2018 and 2019 based on our reviewed interim financial information
warehouse where it serves self and other airlines. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 11 subsidiaries that include: 1
self and other airlines. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 13 subsidiaries that include: 1) Bangkok Air Catering
calculation of the transaction value based on the total value of consideration relative to the total asset value per the Company’s consolidated financial statements reviewed by the certified public accountant