Airports of Thailand : Notification of Partnership with Another Company to Execute the Project on Perishable Goods at Suvarnabhumi Airport
February 05, 2021 at 05:18 am EST
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No. 19005 February 2021
Subject: Notification of Partnership with Another Company to Execute the Project on Perishable Goods at Suvarnabhumi Airport
To: President,
The Stock Exchange of Thailand
Airports of Thailand Public Company Limited (AOT) would like to inform that AOT entered into partnership with TAFA Consortium Company Limited (TAFA) to establish AOT TAFA Operator Company Limited with an aim to execute the project on perishable goods at Suvarnabhumi Airport, with details as follows:
Company Name
AOT TAFA Operator Company Limited
Type of Business
To execute the project on perishable goods at
Suvarnabhumi Airport
Date of Transaction
4 February 2021
Registered Capital
35,000,000 Baht (thirty-five million Baht), consisting of
- 336,000 ordinary shares, valuing at 100 Baht per share
- 14,000 preferred shares, valuing at 100 Baht per share
At least 25% of the registered capital must be paid up.
to enhance AOT's sustainable competitive advantage as being a regional aviation hub for the ultimate benefits of AOT and the country as a whole.
Investment Amount In accordance with the proportion of shareholding of each shareholder
The above transaction is not classified as a connected transaction pursuant to the Notification of the Capital Market Supervisory Board No. TorJor 21/2551. The size of the acquisition of assets transaction also does not fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No. TorJor 20/2551. However,
such transaction is an event involving the partnership entered into between AOT and another company to establish a subsidiary of AOT.
Please be informed accordingly.
Yours sincerely,
SHANALAI CHAYAKUL
Corporate Secretary
Authorized Person
The Corporate Secretary and Corporate Governance Department
Tel. 0 2535 5260
Fax. 0 2535 5189
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AOT - Airports of Thailand pcl published this content on 05 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 February 2021 10:17:08 UTC.
Airports of Thailand Public Company Limited is a Thailand-based company that is engaged in airport operations and other business related to or affiliated with the airport business. The Company is engaged in airport management business, hotel business, ground aviation services, security business and project on perishable goods business. Its aeronautical activities consist of landing and parking charges, passenger service charges and aircraft service charges (aerobridge), among others. The Company provides commercial services for passengers and/or airport users, such as food and beverages, other retails, bookstores, currency exchange service, tourism businesses, pharmacies, duty free shops, parking lots and car rental services, among others. It operates approximately six airports: Suvarnabhumi Airport, Don Mueang international airport, Chiang Mai international airport, Hat Yai international airport, Phuket international airport and Mae Fah Luang - Chiang Rai international airport.