(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

ordinary shares since the Company’s operating results are still subpar due to economic stagnation. Also, the amount of capital to be raised in the present capital increase is considerably high and it is

subscribing for the Company’s newly issued ordinary shares since the Company’s operating results are still subpar due to economic stagnation. Also, the amount of capital to be raised in the present capital

shareholders may not be interested in subscribing for the Company’s newly issued ordinary shares since the Company’s operating results are still subpar due to economic stagnation. Also, the amount of capital to