competitiveness. Meanwhile, SEC creates new opportunities for business operators by playing proactive roles on global forums, establishing coalition with international organizations and leading capital markets

of such meeting, upon any members of executive committee (its agent), managing director (its agent) to the extent that it is appropri ate and necessary within the scope of laws. Furthermore, the

the record date of such meeting, upon any members of executive committee (its agent), managing director (its agent) to the extent that it is appropriate and necessary within the scope of laws

meeting, as well as (3) alteration of the record date of such meeting, upon any members of executive committee (its agent), managing director (its agent) to the extent that it is appropriate and necessary

. 006 / 2018 February 28, 2018 Subject Explanation of the operating performance for the year 2017 To Managing Director The Stock Exchange of Thailand Pan Asia Footwear Public Company Limited would like to

changes of cost. Consequently, it affected the profit margin. the Company still has no policy to overstock but to manage the inventory turnover efficiently. Beside this, The Company focused on managing the

Bulsuk (3) Dr. Sucharit Koontanakulvong 2. Approved the connected transaction with the related companies. (Details as attachment) Please be informed accordingly Yours sincerely, Kiyoyasu Asanuma Managing

Board, effective from 26 January 2018, as follows ; 2.1 Appointment of the Executive Name : Mrs. Kadekaew Ittikul Current Position : Managing Director ( Fame Line Co.,Ltd.) New Position : Managing

12) Authorized the Managing Director to issue the Notice of Annual Ordinary General Meeting of Shareholders for the year 2018 with the agenda proposed above. 13) Fixed the Record date of the

rules: (1) investment in the units of an open-end mutual fund may be made only for the purpose of managing liquidity of the fund due to redemption of a significant amount of the units of the fund