News Detail

Date/Time
10 Aug 2022 22:24:00
Headline
Decrease and increase registered share capital, Issuance of Warrants and Convening of the Extraordinary General Meeting No.2/2022
Symbol
TPS
Source
TPS
Full Detailed News
Download Full Detailed News
                Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Shareholders
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
meeting
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 
proceeds
Date of Board resolution                 : 10-Aug-2022
Number of additional common shares       : 83,999,968
(shares)
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
warrants
    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
______________________________________________________________________
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.