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

Taitanan Company Limited (“Taitanan”) in the amount of 51,000 shares (Paid up per share of Baht 25. The Company shall sign in the Sale and Purchase Agreement of Taitanan Shares within October 31,2019 2

aim to enhance its balance sheets and improve their financial strength, the Company intends to extend the loan tenor from September 30, 2017 to November 15, 2017. This financial support is deemed as

Tender Agreement for the acquisition of all ordinary shares in CSL with DTV Service Co., Ltd. (“DTV”), a subsidiary of THCOM, the offer to tender the entire ordinary shares of CSL are part of the

has cost competitiveness and will enhance the Company’s production base for emerging markets in Southeast Asia, while LQSF’s wide-coverage distribution that reaches almost all regions of Vietnam will

already commenced with the research and design stage. Looking forward, we will strive to enhance asset value through (i) expansion of hotels through asset-light strategy mainly via management agreement and

the entering into the asset purchase agreement 01/03/2021 07:53 Report on the Connected Transaction of the entering into the use of wallet service agreement for issuing and offering digital tokens 01/03

precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of Hero Experience holding shares equivalent to

quarters.  EBITDA in 2017 was Baht 535 million, a decrease of 35% YoY. However, the EBITDA level is in the same range as 2015.  On 30 October 2017, the Company has signed the joint venture agreement KINO

14 ATR 72-500 5 6 ATR 72-600 11 9 Total 40 38 5 ASIA’S BOUTIQUE AIRLINE One additional Airbus A319 under operating lease agreement was delivered in July 2018 and two additional ATR72-600 were delivered