(-English Translation-)
19 February 2018
Subject : Setting up a new subsidiary
To
: President
The Stock Exchange of ThailandSansiri Public Company Limited ("the Company") would like to inform you that the Company formed a new subsidiary on 16 February 2018. The details are as follows:
Name of the Company | : | Siripat One Co., Ltd. |
Type of Business | : | Property development |
Initial Capital and Shares | : | 50,000,000 Baht by divided into 500,000 ordinary shares with |
the par value of 100 Baht each (fully paid-up) | ||
Shareholding Structure | : | The Company holds 100% shares |
The sources of funds | : | The Company's Working Capital |
The return on investment | : | Dividend |
Connected Nature | : | This transaction is not a connected transaction in accordance with |
the Notification of the Capital Market Supervisory Board No. | ||
TorJor. 21/2551 | ||
Size of Transaction | : | The asset acquisition value does not cause the Company to fall |
within the disclosure requirement under the Notification of the | ||
Capital Market Supervisory Board No. TorJor. 20/2551 |
Please be informed accordingly.
Yours sincerely,
(Mr. Wanchak Buranasiri)
Director and Chief Financial Officer
Sansiri pcl published this content on 19 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 February 2018 00:25:08 UTC.
Original documenthttps://www.sansiri.com/pdf/NewsRoom/SetUpSiripatOne_eg.pdf
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