PAN ASIA CORPORATION LIMITED (ASX.PZC)

The liquidator submits their report regarding the status and progress of the liquidation of the company.

ASIC is advised that the administrator has completed their duties and the administration process has concluded.

The liquidator provides creditors and stakeholders with a detailed update on the company's financial situation, assets, and activities.

A liquidator is appointed by the court to wind up the company.

ASIC is formally notified that the court has issued an order to wind up the company.

Simon Thorn of PKF is appointed liquidator

A copy of the company's minutes documenting key decisions about the company's administration are lodged with ASIC.

The administrator provides creditors and stakeholders with a detailed update on the company's financial situation, assets, and activities.

The insolvency practitioner discloses any relevant relationships and/or indemnities and provides a copy to ASIC.

company has been placed under external administration, Richard Albarran, Cameron Shaw and Aaron Dominish of Hall Chadwick appointed administrators

ASIC is notified of the appointment or replacement of an administrator of the company.

ASIC is formally notified that the court has issued an order to wind up the company under S. 459p, 462 or 464.

delisted effective immediately pursuant to Listing rule 17.12.

we understand this company failed and ASX removed the company from listing because its securities have not been quoted for more than three years

The company lodges its Quarterly Cashflow Report.

The company lodges its Quarterly Activities Report.

The company lodges its 2018 Annual Report to shareholders.

Pan Asia has executed a binding agreement for the divestment of the TCM Coal Project for total consideration of US$4.6 million. Consideration of US$3.6 million is payable to Pan Asia two tranches, which is in addition to US$1.0 million received by Pan Asia in May 2017. Pan Asia has received the first tranche payment of US$2.0 million. The second tranche payment of US$1.6 million is payable by 29 January 2019, conditional on Pan Asia shareholders voting to approve the divestment by this date. Pan Asia will issue 30 million shares at A$0.002 per share to its Indonesian joint venture partners as consideration for their 25% interest in TCM. The strategic and timely divestment of TCM is transformative, enabling Pan Asia to focus its future direction on the Australian coal sector and completion of the acquisition of New Emerald Coal.

The company lodges its First Quarter Cashflow Report.

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Cashflow Report.

The parties have entered into an "extension agreement" under which GM agrees and confirms that it will purchase TCM from the parties providing "the conditions precedent are met by August 15, 2018". The conditions precedent are conditions which would be expected to be found in a commercial agreement of this kind, including: all Indonesian government and regulatory approvals are in place; the shares in IWM and TCM are free from any claim, option, charge, lien, encumbrance, right of pre-emption or third party right; IWM and TCM are not engaged in any litigation or other proceedings; and any Australian regulatory approvals that may be required have been obtained.

The company releases the results of its meeting.

On 21 May 2018, NEC was placed into voluntary administration and a receiver was appointed. The appointment of a voluntary administrator and receiver was made by a secured lender. The secured lender took this action as another creditor had withdrawn its support and was seeking to wind up NEC. PZC has been in discussions with the secured creditor and the receiver and it is their intention to proceed to a Deed of Company Arrangement. PZC has security over its debt and initial discussions with the receiver and secured creditor confirm that the PZC security will be part of the DOCA arrangement. Accordingly, the Board is comfortable that the debt will be recovered or it will acqire the assets it seeks as part of the proposed DOCA.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Cashflow Report.

The General Meeting of the company's shareholders will be held at Level 5, 23-25 O'Connell Street, Sydney, NSW on 29 May 2018, commencing at 10.30am (Sydney time).

PZC has received a requisition under section 249D of the Corporations Act 2001 for a meeting to be convened to consider resolutions to remove Michael Pixley and Gary Williams as directors and to appoint Troy Burns and Robert Campbell as new directors of the Company. The meeting needs to be called within 21 days and be held by 29 May 2018.

In relation to the sale of TCM to Glory Merry, the parties have entered into an extension agreement under which GM agrees and confirms that it will purchase TCM from the parties providing the conditions precedent are met by May 31, 2018.

The company lodges its Half Year Accounts.

The company issues a response to ASX Query.

The securities of Pan Asia Corporation Limited will be suspended from official quotation immediately at the request of the Company. The Company's securities will remain suspended until either the Company has recompiled with Chapters 1 and 2 of the Listing Rules in accordance with Listing Rule 11.1.3, or the Company provides ASX Limited with sufficient information to demonstrate that the proposed acquisition will not result in a significant change to the nature or scale of the Company's activities such that Listing Rule 11.1.3 applies.

The suspension of trading in the securities of Pan Asia Corporation Limited (the "Company") will be lifted immediately following the release of an announcement regarding the Company's acquisition of Queensland coal assets.. Security Code: PZC

Pan Asia Corporation Ltd ("Pan Asia") advises it has entered into a binding but conditional Term Sheet ("Agreement") to acquire a sizeable coal operation comprising conventional coal exploration and pre development projects in the Bowen Basin in Queensland, Australia from United Queensland Resources Pty Ltd ("UQR") and its wholly owned subsidiary, New Emerald Coal Ltd ("NEC"). Pan Asia's Board of Directors believes this represents a counter cyclical opportunity to acquire sizeable strategic assets in the prime Queensland coal regions.

The securities of Pan Asia Corporation Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. Security Code: PZC

securities to be reinstated to quotation 31 Jan

company provides an update on the ongoing drilling activities at the TCM Coal Project located in South Kalimantan, Indonesia in which the Company has a 75% interest

Pan Asia Corp Ltd director Domenic Vincent Martino and Sandra Gae Martino bought 6,850,000 shares from 2008 to December 24, 2010, becoming substantial shareholders with 6,850,000 shares (6.49%)

the fundraising of $1million has been fully subscribed - the Company is in the process of finalising the share issues for this capital raising and in connection with the acquisition of Innovation West - once final re-listing requirements are met, the Company will complete the relisting and will advise early in January 2011 as to the scheduled date for re-quotation to commence

we understand that on or about this date the company consolidated its shares 1 for 20

company is now a step closer to achieving its goal of becoming a major supplier to expanding Asian markets with the acquisition of a pipeline of thermal coal projects in Indonesia. Finalised yesterday with overwhelming shareholder approval at the company's Annual General Meeting, the purchase of Innovation West Pty Ltd has given Pan Asia a balanced mix of assets, including one with immediate cashflows from a four-year, 4.8 million tonne off-take agreement with Noble Resources. The other assets include: ? A Flagship Pre Development project in South Kalimantan (the TCM Coal Project) that has an initial JORC resource of 19.7Mt (Indicated), 11Mt (Inferred) and an exploration target of 50-70Mt ? A Flagship Exploration project, BCKP Coal Project, that has large tonnage potential with an exploration target of 50-70Mt + ? A Pipeline of other project opportunities covering each of the above categories

shareholders at yesterday's AGM also agreed that the issued capital of the company be consolidated on the basis that: a) every twenty (20) Ordinary Shares be consolidated into one (1) Ordinary Share; b) every twenty (20) Performance Shares be consolidated into one (1) Performance Share and c) every twenty (20) Options be consolidated into one (1) Option,

company provides an update

securities to be suspended 29 Nov re change of activities

securities reinstated

securities suspended re acquisition of Innovation West P/L

name changed from Sam's Seafood Holdings Limited