News Detail

03 Mar 2022 17:50:00
Schedule the Extraordinary General Meeting of Shareholders No. 1/2022 Capital increase Changing the par value and The issuance of convertible securities (Change of RD and Subscription Date PPO)
Full Detailed News
Download Full Detailed News
                Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Date of Board resolution                 : 28-Feb-2022
Shareholder's meeting date               : 07-Apr-2022
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 15-Mar-2022
Ex-meeting date                          : 14-Mar-2022
Significant agenda item                  :
  - Capital increase
  - The issuance of convertible securities
  - Change of par value
Venue of the meeting                     : Arrange live broadcast at from the  
meeting room of the Company's headquarter, All Inspire Development PCL, No.4345
Bhiraj Tower at BITEC 18 Floors, Sukhumvit Road, South Bang Na Sub-District,
Bang na District, Bangkok 10260
Remark                                   :
By conducting the meeting though electronic device (E-AGM) in accordance with
criteria specified in the laws on electronic meeting and arrange live broadcast

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
Date of Board resolution                 : 28-Feb-2022
Number of additional common shares       : 1,731,758,503
(shares) (Update)
Total of additional shares (shares)      : 1,731,758,503
Par value (baht per share)               : 0.50
Type of allocated securities             : Common shares
  Allocated to                           : Common shares' shareholders via 
Preferential Public Offering (PPO)
     Number of allotted shares (shares)  : 1,343,264,444
     Ratio (Old : New) (New)             : 1.00 : 1.00
     Subscription price (baht per share) : 0.50
    Subscription period (New)            : From 09-May-2022 to 13-May-2022
    Record date for the right to         : 21-Apr-2022
subscribe additional shares (Update)
    Ex-Rights Date (XR) (Update)         : 20-Apr-2022
  Allocated to                           : Reserved shares for the right 
adjustment of convertible securities
    Number of allotted shares (shares)   : 28,000,000
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 360,494,059
Remark (New)                             :
The company will proceed to register the capital increase after the split of the
 par value from 1 baht to 0.50 baht.

Changing the Par Value

Subject                                  : Splitting the par value
Date of Board resolution                 : 28-Feb-2022
Old par value (baht per share)           : 1.00
New par value (baht per share)           : 0.50

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 28-Feb-2022
Type of allocated securities             : Convertible debentures
  Allocate to                            : Private placement (PP)
  Person(s) receiving allotment(s)       :
    Advance Opportunities Fund ("AO Fund")
Advance Opportunities Fund 1 ("AO Fund 1")
    Reserved shares for the exercise of  : Common shares
convertible debentures
    Number of additional shares (shares) : 360,494,059
    Description of convertible debentures
      Name of convertible debentures                                   : Senior 
Unsecured Convertible Debentures ("Convertible Debentures")
      Term of convertible debentures     :
        3 Years
Remark (New)                             :
The company issues and offers convertible debentures. Value not more than 840 
million baht

Conditions of the Issuance of Convertible Debentures : Number of allotted
convertible debentures, The price and exercise ratio will be informed via SET

The Company will gradually issue the Convertible Debentures by tranche, each
tranche, respectively. In each issuance of the tranche of Convertible
Debentures, the Company will gradually issue each set in each tranche according
to the Company's financial needs. The issuance of convertible debentures is
subject to the completion of the conditions precedent which are: Permission from
the Securities and Exchange Commission and other relevant agencies, including
the terms and conditions of the Convertible Debentures.
However, the timeframe of the conversion is within 1 year after shareholder's
meeting approved the issuance. If the Company did not issue all the Convertible
Debentures within 1 year, the Company may request a resolution of the
shareholders' meeting to issue the unissued convertible debentures according to
the Company's financial needs.
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.