22 มีนาคม 1999
Jasmine International PCL reports on issuance of warrants and additional agendas of an annual general meeting of shareholders No. 1/1999
The board of directors of Jasmine International Public Company Limited at the meeting No. 2/1999 held on 19 March, 1999 passed the following resolutions:
- Approve the warrants issuance of 333,600,000 units at Bt. 0.10 per unit to be offered to the existing shareholders who had registered their names on Wednesday, 7 April 1999, the closing date of the company's share register, at 12.00 a.m. Date of warrant issuance will be fixed in accordance with the approval of the Office of the Securities & Exchange Commission.
To this respect, in case any shareholder waives the rights to buy Jasmine International PCL warrants, the board of directors have the rights to allocate these warrants to other shareholders. In addition, the President has the right to nominate a financial advisor for warrant issuance.
Details of JASMIN warrants are as follows:
| Type |
: |
Warrant of JASMIN |
| Warrant
Offered |
: |
Selling
to the existing shareholders at the proportion of 1 unit
per 1 existing share |
| Numbers |
: |
333,600,000 units (100% of the paid-up capital) |
| Maturity |
: |
5
years from the date of warrants issuance |
| Conversion
Ratio |
: |
1
unit of warrant per 1 new ordinary share |
| Conversion
Price |
: |
Bt.
5.00 per 1 new ordinary share |
| Period |
: |
Every
3 months within 5 years |
| List
in the stock market |
: |
JASMIN will list this warrant in the Stock Exchange of Thailand |
| Expiry
Date |
: |
Depending
on the approval of the Securities & Exchange Commission |
| Purpose
of issuance |
: |
To
be working capital of the company |
Approve to increase the registered share capital of the company to be reserved for the warrant issued to the existing shareholders from the existing registered capital of Bt. 3,336 million, by issuing 333.6 million new ordinary shares, at the par value of Bt. 10, Thus, the latest value of the registered share capital will be Bt. 6,672 million.
- Approve the amendment to Clause 4 of the Memorandum of Association of the company to be as follows:-
| Clause
4 Registered share capital |
: |
Baht 6,672,000,000 (Baht Six Thousand
Six Hundred Seventy Two Million)
|
| Divided
into |
: |
667,200,000 Shares (Six Hundred Sixty
Seven Million Two Hundred Thousand Shares)
|
| At
the value of |
: |
Baht
10 (Ten) per share |
| Divided
into Ordinary shares |
: |
667,200,000 Shares (Six Hundred Sixty
Seven Million Two Thousand Shares)
|
| Preference
share |
: |
-
None - |
- Approve the additional agendas of the annual general meeting of shareholders No. 1/1999 to be as follows:-
| 4.1 |
Certify the minutes of the extra-ordinary
shareholders meeting No. 1/1998 held on 20 August, 1998.
|
| 4.2 |
Acknowledge the board of directors annual
report on the company operating result of the year 1998.
|
| 4.3 |
Approve the company financial statements
and auditors report as at 31 December, 1998
|
| 4.4 |
Consider the dividend
omission for 1998 operational results. |
| 4.5 |
Appoint the new directors to succeed
these completing their terms, and fix their remuneration.
|
| 4.6 |
Appoint an auditor
and fix the auditing fee. |
| 4.7 |
Consider the issuance of warrants to
the existing shareholders.
|
| 4.8 |
Consider to increase the registered share
capital to be reserved for warrant issuance.
|
| 4.9 |
Consider the amendment to Clause 4 of
the Memorandum of Association of the company
|
| 4.10 |
Other businesses
(if any) |
The date for closing the company share register for the right to attend the meeting and the date for the annual general meeting of shareholders No. 1/1999 remain the same which are 7 April 1999 and 27 April 1999 respectively-
|
|
