Exchange of Thailand No. GJS/ELCID-02/2562 Re: Reports on Connected Transaction (the extend period for granted financial assistance) dated 18 January 2019 Enclosure Reports on Connected Transaction
- Translation - Ref J61/007 18 July 2018 Subject: Board of Director Resolution for Receipt Financial Assistance from Major Shareholder Attention: President The Stock Exchange of Thailand Regarding to
receiving financial assistance To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia Footwear Public Company Limited (“Company” or “PAF”) No. 4/2019 which
the group which is entitled to develop Tourist Facilities on Emboodhoo Lagoon in the Republic of Maldives, for the part that Boonrawd Group has the right to develop (the "Project Crossroads Phase 2
Maldives for the part that Boonrawd Group has the right to develop (“Project Crossroads Phase 2”). The total value of the Master Page 2 from 4 Service Agreement is approximately THB 96 million. The term of
) General transaction description : A grant of financial assistance to connected party by reducing credit guarantee to International Commercial Coordination (Hong Kong) Limited from Translation …/2 - 2 - HKD
supported by an increase in capacity from the investment in Phase 3 at the new plant, and the appreciation of the Baht. Cost of Sales and Gross Profit The profit margin increased slightly Q-o-Q, but dropped Y
to sales volume growth that was supported by an increase in capacity from the investment in Phase 3 at the new plant, but mainly offset by the appreciation of the Baht. Cost of Sales and Gross Profit
Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in