problem – an exclusion of fixed effects – clustering standard errors 6/29/2015 18 Empirical Results – Q1 6/29/2015 19 Empirical Results – Q1 6/29/2015 20 Empirical Results – Q1 6/29/2015 21 Empirical Test
inflation rate was announced at 0.5 percent for 2017 (Source: Ministry of Finance). Overall aviation industry for the nine-month of 2017, revenue passenger kilometers (RPK) grew at 7.7 percent worldwide. The
shareholders attending the meeting and entitled to vote to the exclusion of the votes of interested shareholders and to appoint an independent financial adviser to give an opinion on the entering into the
into the connected transaction by a resolution of not less than three-fourths of the total number of votes of shareholders attending the meeting and entitled to vote to the exclusion of the votes of
exclusion of the international football sponsorships under CBD for domestic business were THB 1,390 million, increased by THB 31 million or 2.3% mainly varied in according to promotional activities in the
baht, respectively, largely caused by the exclusion of the allowance for doubtful receivable of the disposed subsidiaries. At end of 2017, net trade receivables and other receivables represented 23% of
resolution of not less than three-fourths of the total number of votes of shareholders attending the meeting and entitled to vote to the exclusion of the votes of interested shareholders and to appoint an
areas operated under Carabao Tawandang Co., Ltd. (“CBD”) for domestic businesses and in the areas operated under ICUK for the UK market: a. Marketing and selling expenses in exclusion of the international
following by Europe and Latin America, accounting for 8.2 and 7.0 respectively. On the other hands, worldwide capacity growth or Available seat kilometers (ASK) rose 6.3 percent on average. Again, Asia
management in Thailand and worldwide, has operated into 5 business including Hotel Development, Education, Real Estate Development, Food and others. There are 4 brands for hotel and resort under DTC including