News Detail

Date/Time
28 Sep 2017 17:20:00
Headline
Decreasing paid-up capital of related company
Symbol
TNL
Source
TNL
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                (Translation)

No. Tor Hor. 045/2560
September 28, 2017

Subject    :    Decreasing paid-up capital of related company
Attention    :    Director and General Manager of the Stock Exchange of Thailand
    The Company would like to inform you that Thai Monster Co., Ltd. - related 
company, operates its business as manufacturer and distributor of garment, has
decreased its paid-up capital from Baht 20 million to Baht 5 million in order to
clear accumulated losses. The process has been registered with Department of
Commerce on 18 September 2017. The Company's shareholding in the said company
remains as it is at 19 percent as below:
Before decreasing
Paid up capital of Thai Monster Co., Ltd. (Baht) 20,000,000.00
- number of ordinary shares (shares)                          200,000
- Par value per share (Baht)                                          100
The Company's shareholding in Thai Monster Co., Ltd.
- number of ordinary shares (shares)                            38,000
- Percentage of shareholding                                              19%

After decreasing
Paid up capital of Thai Monster Co., Ltd. (Baht) 5,000,000.00
- number of ordinary shares (shares)                         50,000
- Par value per share (Baht)                                              100
The Company's shareholding in Thai Monster Co., Ltd.
- number of ordinary shares (shares)                            9,500
- Percentage of shareholding                                              19%
    Thai Monster Co., Ltd.'s decreasing of paid-up capital doesn't affect profit of
 the Company as allowance for impairment has been made in full.

    Please kindly acknowledge the above.



Faithfully  Yours,
Dusadee  Soontrontumrong
(Ms. Dusadee  Soontrontumrong)
Deputy managing director and CFO
______________________________________________________________________
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of the information and related documents of listed company or issuer to the
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