Notification of the Allocation and Subscription Documents for Capital Increase Ordinary Shares
Notification of the Allocation and Subscription Documents for Capital Increase Ordinary Shares Section 1 Information of the Capital Increase Ordinary Shares Allocation 1. Date, Month, Year and Number of the Shareholders’ meeting of the Company which a resolution was passed for the allocation of capital increase ordinary shares The allocation of capital increase ordinary shares to the existing shareholders of the Company in proportion to the number of shares held by each of them was approved by the Annual General Meeting of Shareholders of the Company for the year 2017, held on April 24, 2017. 2. Details of allocation of capital increase ordinary shares According to the Annual General Meeting of Shareholders for the year 2017 of Grande Asset Hotels and Property Public Company Limited (the “Company”), held on April 24, 2017, resolved for the Company to increase the registered capital in an amount of 2,110,960,763.- Baht by issuing 2,110,960,763 ordinary shares, with the par value of 1.- Baht per share, and to allot and offer the capital increase ordinary shares in the amount of 866,711,771 shares to the existing shareholders of the Company in proportion to the number of shares held by each of them (Right Offering) at the ratio of 10 existing shares to 3 new shares (fractions of shares being disregarded), at the offering price of 1.- Baht per share. And the Board of Directors Meeting of the Company No. 1/2018, held on February 14, 2018 fixed the names of the shareholders who are entitled to subscribe the said capital increase ordinary shares (Record Date) on March 5, 2018 and the date for subscription and payment of the capital increase ordinary shares during on April 5, 2018 and April 9-12, 2018 (total 5 business days) during 9.00 hrs.
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