News Detail

10 Aug 2022 22:24:00
Decrease and increase registered share capital, Issuance of Warrants and Convening of the Extraordinary General Meeting No.2/2022
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Date of Board resolution                 : 10-Aug-2022
Shareholder's meeting date               : 30-Sep-2022
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 09-Sep-2022
Ex-meeting date                          : 08-Sep-2022
Significant agenda item                  :
  - Capital increase
  - The issuance of convertible securities
  - The amendment of the Company's Memorandum of Association, Clause 4 regarding
 the registered capital
Venue of the meeting                     : at The Practical Solution Public 
Company Limited, No.99 Soi Cement Thai,   Ratchadaphisek Road, Lad Yao,
Chatuchak, Bangkok 10900 by Teleconference using Electronic Devices (E-EGM) only

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
Date of Board resolution                 : 10-Aug-2022
Number of additional common shares       : 83,999,968
Total of additional shares (shares)      : 83,999,968
Par value (baht per share)               : 0.50
Type of allocated securities             : Common shares
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 83,999,968

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 10-Aug-2022
Type of allocated securities             : Warrants
  Allocate to                            : All common shares' shareholders
    Number of allotted warrants (units)  : 83,999,968
    Reserved shares for the exercise of  : Common shares
    Number of additional shares (shares) : 83,999,968
    Ratio (Existing shares : Warrant)    : 4.00 : 1.00
    Record date for the right to receive warrants                               
                                         : 10-Oct-2022
    Ex-rights date                                                              
                                              : 07-Oct-2022
    Offering price (baht per unit)       : 0.00
    Description of warrants
      Warrant Symbol                     : TPS-W1
      Name of warrant                    : Warrants to Purchase Ordinary Shares 
of The Practical Solution Public Company Limited No. 1 to be allotted to the
Existing Shareholders of the Company (TPS-W1)
      Exercise ratio (warrant : share)   : 1.00 : 1.00
      Exercise price (baht per share)    : 1.20
      Term of warrants                   :
    2 years from the issuance date of the Warrants
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