Pan Asia Footwear Public Company Limited at its Board of Directors Meeting held on February 26, 2020, resolved to propose to the Annual General Shareholders' Meeting No. 42 for consideration and approval of the 2019 dividend payment at THB 0.0102 per share totaling 540,000,000 shares amounting to THB 5,508,000 or 12.80% of the Company's net profit on separation financial statements. The Record Date on which shareholders who have rights to receive dividend payment on May 7, 2020 and the dividend payment will be made on May 21, 2020.

The company also approved the retirement of Mr. Sujarit Patchimnun as Independent Director and Audit Committee, POL.MAJ.GEN Panurat Meepien as Independent Director and Audit Committee and Mr. Surat Wongrattanapassorn as Director.