News Detail

Date/Time
16 Sep 2019 18:20:00
Headline
Notification of the BOD resolutions on acknowledgement of allotment of newly issued ordinary shares in SHR for IPO and record date for pre-emptive rights and oversubscribe
Symbol
S
Source
S
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                Pre-emptive Right

Subject                                  : Pre-emptive Right
Name of subsidiary or associated company :S Hotels and Resorts Public Company 
Limited
 which offers pre-emptive right
Type of allocated securities             : Common Shares
Number of allotted shares (shares)       : 68,537,192
Ratio (Company's shares : Subsidiary or  : 100 : 1
Associated's shares)
Record date for the right to subscribe   : 30-Sep-2019
additional shares of subsidiary or 
associated company
Ex-Other Benefits Date (XB)              : 27-Sep-2019
Remark                                   :
the Company would like to inform that the allocation of newly issued ordinary 
shares of SHR to the general public, which includes the allocation of newly
issued ordinary shares to S's Group of Shareholders Eligible for Share
Allotment, and listing of newly issued ordinary shares of SHR as listed
securities on the SET are under the following key conditions:

1)    SHR received an approval from the Office of SEC to offer for sale of its 
newly issued ordinary shares to the general public; and the registration
statement and draft prospectus of SHR become effective.
2)    SHR registered its paid-up capital with the Ministry of Commerce after the 
aforementioned general public offering of its newly issued ordinary shares.
3)    The SET approved the acceptance of SHR's ordinary shares as listed securities
on the SET, with the condition that there be a complete distribution of
minority shareholding.

The Company will report the offering price of newly issued ordinary shares in 
SHR that are offered for sale to the S's Group of Shareholders Eligible for
Share Allotment, which will be the same as the general public offering price of
these shares, including the period and method of subscription of newly issued
ordinary shares in SHR, and any further progress when the registration statement
for the offering for sale of securities and the draft prospectus of SHR become
effective.
______________________________________________________________________
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