2021
The Annual General Meeting of Shareholders No. 15/2021 on April 26, 2021 has the special resolutions to
1. Issuance and offering of debentures in the amount up to Baht 1,500 Million, or the equivalent in other currencies at a particular moment (Revolving Basis) To support the liquidity and/or investment fund for business expansion and/or working capital of the Company including refinancing, or other purposes as the Board of Directors deems appropriate.
2. Issuance and Offering of the Newly Issued Convertible Debentures of the Company not exceeding Thai Baht 100,000,000 (the “Convertible Debentures”) as it can be break down to 20 sub-tranches equally at Baht 5,000,000 per sub-tranche, by way of the private placement to a specific investor, Advance Opportunities Fund (“AO Fund”) and Advance Opportunities Fund 1 (“AO Fund 1”) , which is not related person under the Notification of the Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules on Connected Transactions
3. Changing of the Company’s PAR value from Baht 1 per share to new PAR value at Baht 0.50 per share resulting in an increase in the number of the Company’s shares from 100,000,000 common shares to be 200,000,000 common shares.
4. the increase of the Company’s Registered Capital of 20,880,193.50 Baht from the Original Registered Capital of 100,000,000 Baht to the Registered Capital of 120,880,193.50 Baht, By issuing New Ordinary Shares of 41,760,387 shares, the Par Value of 0.50 baht, which is a capital increase specifying the purpose of utilizing the capital, in order to reserve for the exercise of the conversion right of the Convertible Debentures to AO Fund and AO Fund 1
The Extraordinary General Meeting of Shareholders No. 1/2021 on December 23, 2021 has the special resolutions to the increase of the Company’s Registered Capital of 241,760,387.00 Baht from the Original Registered Capital of 120,880,193.50 Baht to the Registered Capital of 362,640,580.50 Baht, By issuing New Ordinary Shares of 483,520,774 shares, the Par Value of 0.50 baht in order to accommodate the dividend payment in shares at the rate of 1 existing ordinary share to 2 dividend ordinary shares.