(dormant company). Padaeng Industry Public Company Limited (the “Company”) would like to notify that the Board of Directors’ Meeting No. 04-2019 which was convened on Friday 9 August 2019 resolved to approve
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dormant credit card accounts to boost spending and sustain asset quality. It has also targeted new segments, such as young online shoppers, by introducing high secure digital credit cards aligned with its
year, due to the annual adjustment of salary base, which caused the increase of salary expenses by 10.2%, compared to the previous year. 3. The Company had the share of profit (loss) from investments in
the company’s readjusting of employee accrued benefits and base salary to serve the company’s strategy towards fully digitalized format as well as to encourage all employee preparing for Digital
of the Office, the determination of salary and other remuneration as well as welfare and assistance; (5) any other activities to be implemented according to the objectives of this Act. All rules
investment interest. 3. Cost of service decreased 7,592,861 baht compared to the same period of the last year mainly from the decrease of personnel costs such as salary and incentive. 4. Administration
which was operated by the subsidiary company since June 2018. • Selling and administrative expenses increased 27.81% due to salary and employee benefit of subsidiaries which was operated since last year
advertising expenses such as television media, and online medias etc. Altogether is an increase of approximately 8.02 million baht and also an increase in salary increment and incentive which is approximately