News Detail

05 Nov 2020 20:51:00
Change of the Par Value, Issuance of the Warrants (STARK-W1) and Calling for the Extraordinary General Meeting of Shareholders No. 2/2020
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Date of Board resolution                 : 05-Nov-2020
Shareholder's meeting date               : 17-Dec-2020
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 20-Nov-2020
Ex-meeting date                          : 19-Nov-2020
Significant agenda item                  :
  - Capital increase
  - The issuance of convertible securities
  - Change of par value
Venue of the meeting                     : Intercontinental Bangkok Hotel, 
Pinnacle room 1-3, 4th Floor No. 973 Ploenchit Road, Lumpini, Pathumwan, Bangkok

Changing the Par Value

Subject                                  : Merging the par value
Date of Board resolution                 : 05-Nov-2020
Old par value (baht per share)           : 0.50
New par value (baht per share)           : 1.00

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 05-Nov-2020
Type of allocated securities             : Warrants
  Allocate to                            : Existing common shareholders
    Number of allotted warrants (units)  : 3,968,801,651
    Reserved shares for the exercise of  : Common shares
    Number of additional shares (shares) : 3,968,801,651
    Ratio (Existing shares : Warrant)    : 3 : 1
    Offering price (baht per unit)       : 0
    Description of warrants
      Warrant Symbol                     : STARK-W1
      Name of warrant                    : Warrants to purchase ordinary shares 
of Stark Corporation Public Company Limited Series 1 (STARK-W1)
      Exercise ratio (warrant : share)   : 1 : 1
      Exercise price (baht per share)    : 5.00
      Term of warrants                   :
    4 Years
Remark                                   :
Par Value of THB 1.00

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
Date of Board resolution                 : 05-Nov-2020
Number of additional common shares       : 3,968,801,651
Total of additional shares (shares)      : 3,968,801,651
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 3,968,801,651
Remark                                   :
After the change of the Par Value
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