28 Sep 2017 17:20:00
Decreasing paid-up capital of related company
(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 ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.