Post by account_disabled on Dec 27, 2023 3:40:50 GMT -6
Mr. Chong Yi Tai, Chief Executive Officer AEC Securities Public Company Limited (AEC) revealed that the Board of Directors' meeting on June 2, 2020 passed a resolution to approve the cancellation of the board meeting agenda on May 14, 2020 that approved the increase of new registered capital of 750. million shares, divided into 500 million shares, offered for sale in RO at a ratio of 2.5 existing shares to 1 new share at a price of 0.60 baht per share, and an additional 250 million new shares will be used to support warrants to purchase common shares (warrans ) that will issue 250 million units, allocated for free to those who subscribe for additional shares.
In this regard, the new B2B Email List resolution of the board meeting on June 2, 2020 approved an increase in capital from 1,224,249,008 baht to 5,724,249,008 baht by issuing 4.5 billion new shares with a par value of 1 baht per share, divided into allocating additional 3 billion shares, offering RO at the ratio of 0.5 existing shares to 1 new share at a price of 0.10 baht per share, subscription and payment scheduled. The cost of capital increase shares between 24-28 Aug. 2020 and allocation of capital increase shares not exceeding 1.5 billion shares to support the exercise of warrant rights, generation 6 (AEC-W6), which will be issued in an amount not exceeding 1.5 billion units will be allocated for free to existing shareholders who subscribe for additional shares at a ratio of 2 new shares to 1 warrant, with warrants having a term not exceeding 3 years, an exercise rate of 1 warrant. per 1 new share at an exercise price of 0.20 baht/share.
For the purpose of this capital increase It will be used as a source of capital and working capital for the company. To increase financial liquidity Supports normal operations in the company's main business. Including expanding related businesses and expanding the company's future business. and to help promote the company's potential in creating stability and stability for the company's business operations in the long term. The Company has canceled the 2020 Annual General Meeting of Shareholders on 26 June 2020 and set a new meeting date for 20 July 2020 to consider the new capital increase plan.
In this regard, the new B2B Email List resolution of the board meeting on June 2, 2020 approved an increase in capital from 1,224,249,008 baht to 5,724,249,008 baht by issuing 4.5 billion new shares with a par value of 1 baht per share, divided into allocating additional 3 billion shares, offering RO at the ratio of 0.5 existing shares to 1 new share at a price of 0.10 baht per share, subscription and payment scheduled. The cost of capital increase shares between 24-28 Aug. 2020 and allocation of capital increase shares not exceeding 1.5 billion shares to support the exercise of warrant rights, generation 6 (AEC-W6), which will be issued in an amount not exceeding 1.5 billion units will be allocated for free to existing shareholders who subscribe for additional shares at a ratio of 2 new shares to 1 warrant, with warrants having a term not exceeding 3 years, an exercise rate of 1 warrant. per 1 new share at an exercise price of 0.20 baht/share.
For the purpose of this capital increase It will be used as a source of capital and working capital for the company. To increase financial liquidity Supports normal operations in the company's main business. Including expanding related businesses and expanding the company's future business. and to help promote the company's potential in creating stability and stability for the company's business operations in the long term. The Company has canceled the 2020 Annual General Meeting of Shareholders on 26 June 2020 and set a new meeting date for 20 July 2020 to consider the new capital increase plan.