News Detail

Date/Time
26 Oct 2018 20:42:00
Headline
Capital Increase/ Acquisition and Disposal of Assets/ Connected Transactions/Appointment of a Director and Audit Committee/ and Schedule of the Extraordinary General Meeting of Shareholders No. 1/2561 (Amended with Enclosures attached)
Symbol
A5
Source
A5
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                Tender Offer

Subject                                  : Tender offer
Listed company subject to tender offer   : ADAMAS INCORPORATION PUBLIC COMPANY 
LIMITED (ADAM)
Offeror                                  :
Mr. Supachoke Panchasarp
Tender offer                             : Not for delisting
Remark                                   : After completion of the entire 
business transfer of Asset Five Holding Company Limited, Asset Five Holding
Company Limited shall be dissolved to comply with the tax waiver condition of
the Revenue Code and the liquidation of assets will be made to the shareholders
of Asset Five Holding Company Limited. As a result, Mr. Supachoke Panchasarp
will acquire 516,972,765 shares or equivalent to 46.04 percent of total voting
rights of the Company. Therefore, Mr. Supachoke is obliged to submit a tender
offer for all securities of the Company.
______________________________________________________________________


Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 22-Oct-2018
Number of additional common shares       : 752,836,413
(shares)
Total of additional shares (shares)      : 752,836,413
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Private placement
    Person(s) receiving allotment(s)     : 1.    Mr. Supachoke Panchasarp
2.    Mrs. Kwaisun Panchasarp
3.    Mr. Jaturong Thanapura
4.    Mr. Yongkiat Sirivajanangkun
5.    Mr.Kitipong Puranitee
6.    Mr. Putinan Pattarapaibulkij
7.    Mr. Seri Ojarasporn
8.    Mr. Sarot Assvapornchai
9.    Mr.Terdsak Choedchuamphai
    Number of allotted shares (shares)   : 752,836,413
    % of Paid Up Capital after capital   : 67.04
increase
    Total shares allocated to Private    : 752,836,413
Placement (Shares)
Remark (New)                             :
- Offering of newly issued ordinary shares at the offering price not less than 
the market price at the offering date. The market price shall be determined
based on value appraised by the certified financial advisor and no less than
1.00 Baht per share.
- The Board of Directors (excluding the director with vested interests) will fix
 Subscription date and Payment date later
______________________________________________________________________

Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Shareholders
Date of Board resolution                 : 22-Oct-2018
Shareholder's meeting date               : 18-Dec-2018
Beginning time of meeting (h:mm)         : 09 : 00
Record date for the right to attend the  : 19-Nov-2018
meeting
Ex-meeting date                          : 16-Nov-2018
Significant agenda item                  :
  - Capital increase
  - Acquisition and disposition of assets
  - Connected transaction
  - To consider and acknowledge cancellation of amendment to the Articles of 
Association of the Company
To consider and approve the amendment of the Company's objectives and the 
amendment to Clause 3 Re: the Company's objectives in the memorandum of
association
To consider and approve that the Company would execute material content 
differently from content stated on Mr. Kriangkrai Siravanichkan's Tender Offer
regarding plan to sell shares of the Company
Venue of the meeting                     :  Ascott I&II Room, G Floor, Ascott 
Sathorn Bangkok Hotel, No. 7 South Sathorn Road, Yannawa Sub-district, Sathorn
District, Bangkok
______________________________________________________________________


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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
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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.