* and Form 56*. These rules have caused an unreasonable burden on these companies. SEC therefore plans to improve these rules to facilitate holding companies, which engage in various types of business

December 2019 2. The parties involved : Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Advantage Footwear Company Limited [AVF] Relationship : PAF holds direct and Indirect the 84.25

. Suggestions will be considered to improve the rules so that they do not impose burden on issuers in practice. For example, scripts may be submitted for SEC’s approval instead of audiovisual clips

, default of debt repayment at an amount exceeding 5 percent of the total assets, and changes to the major shareholders’ structure. To ensure that the proposed rules would not impose an excessive burden to

procedure to replace the performance of the audit committee because there is less possibility of damage to the customers and requirement of the audit committee may cause unnecessary burden on the business

product. This new regulation allows service providers to use the single form with investors of any products while reducing investors’ burden of filling in repetitive information when opening a new

abolished or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation from all related parties.

burden to investors, which could develop into an obstacle for accessing investment services and products in the capital market. SEC therefore is proposing the regulations on the use of a single form for

obstacles to living or occupations will be abolished or revised to lessen burden on people. By doing so, methods used must be done with speed, transparency, low costs with participation of all related

). Benefits to the Company 1. Reduce the financial burden to support CAZ for expanding the business as CAZ will be able raise fund itself through financial products in the capital market. 2. To be listed on the