position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards
ramp services, catering services and international cargo. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 14 subsidiaries that
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