, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, CPN have made notable progresses in the following mixed-use

consist of residential projects, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, CPN have made notable

corporates, particularly in the telecommunications sector, as well as from small and medium sized businesses for fixed investment and working capital purposes. There was a notable decrease in demand for

benefit from structurally improving margins and capturing the volume opportunities. IVL has achieved notable progress on multiple strategic fronts and is increasingly well positioned to deliver sustainable

business. In 3Q18, CPN have made notable progresses in the following mixed-use development projects. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 4 of 15

ASIA’S BOUTIQUE AIRLINE Notable Events Airline Business 1. In 2019, the Company has revised flight frequencies due to passenger seasonal demand and has increased flight frequencies, operated new routes

million baht of which loss attributable to the equity holders of the Company was 3,313.4 million baht. Loss per share for the six-month period of 2020 was 1.61 baht. 3 ASIA’S BOUTIQUE AIRLINE Notable Event

Company Limited or TMB Bank Public Company Limited for the transfer of the sale shares, the amendment to the articles of association and any actions that shall obtain consents under the loan agreements

; Likitapiwat et al., 2022). Corporate culture is an intangible asset that is designed to adapt to unforeseeable events as they occur (Li, Liu, Mai, and Zhang, 2021). With few notable exceptions, the finance

(Schedule 1) are set out in the Appendix 1. 2. Approved the Company entering into credit facilities agreement with TMB Bank Public Company Limited and Bangkok Bank Public Company Limited, each for an amount