Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

: President The Stock Exchange of Thailand Reference Letter: The Letter of the Company dated 10 April 2018 re: Acquisition and Disposition of Assets Pace Development Corporation Public Company Limited (the

) Attention: President The Stock Exchange of Thailand Reference Letter: The Letter of the Company dated 10 April 2018 re: Acquisition and Disposition of Assets Pace Development Corporation Public Company

assistance Approved the renewal of a loan of 100 million baht with Mr.Boonsithi Chokwatana To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia Footwear

financial assistance Approved the renewal of a loan of 60 million baht with Mr.Boonsithi Chokwatana To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia

financial assistance Approved the renewal of a loan of 100 million baht with Mr.Boonsithi Chokwatana To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia

of Shock Market Regulator. According to the Notification of the Board of Stock Market Regulator No Tor Jor 20/2551 Re: Principal of the material transactions that are considered to be under the

1 - TRANSLATION - VS/PC (Q-Con) 026/2017 July 27th, 2017. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis the second quarter ended 30 June 2017

[Translation] Page 1 of 2 Ref. PDI/BK-BS-044/2017 8 August 2017 To : President The Stock Exchange of Thailand Re. : Resolutions of the Board of Directors’ Meeting, No. 03-2017 The Board of Directors

[Translation] Page 1 of 2 Ref. PDI/BK-BS-048/2017 18 August 2017 To : President The Stock Exchange of Thailand Re. : Invest in Short Bill of Exchange in Thai Baht currency with specified the