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the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company
first 9 months 2018, the overall global aviation industry continued to grow in terms of passenger traffic and travel demand. However, the growth had declined from the same period last year. The main
tourism as a result of travel bans together with weak domestic consumption that has started since the last quarter of 2019 has led After You to slowdown major branch expansion and concentrate more on
travelers segment revenue declined further due to border closure and travel restriction. In addition, NBTC’s mandate for free data & voice in Apr-May caused significant drop in prepaid top up, while the
enforcement of strict measures, for instance, operational lock-down, state quarantines and travel restrictions in Thailand, Malaysia and Indonesia. Consequently, most of business activities were temporarily
-19 pandemic, which resulted in more lockdowns and travel restrictions in several countries including Thailand, Malaysia and Indonesia – the Company’s major markets. In Thailand, despite the success in
largest online travel company, to add a new distribution channel and incorporate a marketing campaign globally. The Company can enhance ticket sales through various sales channels of Expedia and its
growth of the Company. As a result, the Company has total 24 codeshare airline partners. 4. The Company has announced a new collaboration effort with Expedia group, the world’s largest online travel
conducted by SmartTravelAsia.com that involved millions of travelers from around the world voting for their favorite travel brands. 4. The Company received “Best Full-Service Boutique Airline - APAC” from Air