General Engineering Public : Schedule of the AGM of Shareholders for the year 2022 and no dividend payment, the increase of registered capital, the issuance of warrants to purchase the Company's ordinary shares, and the acquisition of assets in the future. (Amendment)
March 03, 2022 at 06:21 am EST
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Date/Time
03 Mar 2022 17:57:58
Headline
Schedule of the AGM of Shareholders for the year 2022 and no dividend payment, the increase of registered capital, the issuance of warrants to purchase the Company's ordinary shares, and the acquisition of assets in the future. (Amendment)
Symbol
GEL
Source
GEL
Full Detailed News
Schedule of Shareholders' meeting
Subject : Schedule of Annual General Meeting of
Shareholders
Date of Board resolution : 28-Feb-2022
Shareholder's meeting date : 29-Apr-2022
Beginning time of meeting (h:mm) : 14 : 30
Record date for the right to attend the : 22-Mar-2022
meeting
Ex-meeting date : 21-Mar-2022
Significant agenda item :
- Omitted dividend payment
- Capital increase
- The issuance of convertible securities
Venue of the meeting : Meeting via electronic media (E-AGM)
______________________________________________________________________
Dividend payment / Omitted dividend payment
Subject : Omitted dividend payment
Date of Board resolution : 28-Feb-2022
Omitted dividend payment from :
Operating period from 01-Jan-2021 to 31-Dec-2021
______________________________________________________________________
Increasing Capital
Subject : Specifying the purpose of utilizing
proceeds
Date of Board resolution : 28-Feb-2022
Number of additional common shares : 2,698,938,594
(shares)
Total of additional shares (shares) : 2,698,938,594
Par value (baht per share) : 0.85
Type of allocated securities : Common shares
Allocated to : All Common shares' shareholders
Number of allotted shares (shares) : 1,799,292,396
Ratio (Old : New) : 3.00 : 1.00
Subscription price (baht per share) : 0.23
Subscription period : From 27-May-2022 to 02-Jun-2022
Record date for the right to : 10-May-2022
subscribe additional shares
Ex-Rights Date (XR) : 09-May-2022
Allocated to : Reserved shares for the exercise of
convertible securities
Number of allotted shares (shares) : 899,646,198
______________________________________________________________________
Issued Convertible Securities
Date of Board resolution : 28-Feb-2022
Type of allocated securities : Warrants
Allocate to : Existing Shareholders who subscribe
for additional shares
Number of allotted warrants (units) : 899,646,198
Reserved shares for the exercise of : Common shares
warrants
Number of additional shares (shares) : 899,646,198
Ratio (additional shares : Warrant) : 2.00 : 1.00
Offering price (baht per unit) : 0.00
Description of warrants
Warrant Symbol : GEL-W5
Name of warrant :
Warrants to Purchase Ordinary Shares of General Engineering Public Company
Limited No. 5 (GEL-W5)
Exercise ratio (warrant : share) : 1.00 : 1.00
Exercise price (baht per share) : 0.50
Term of warrants :
3 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.
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General Engineering pcl published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 11:20:07 UTC.
General Engineering Public Company Limited is a Thailand-based company that is engaged in the manufacturing and servicing of concrete products. The Companyâs principal activities are engaged in manufacturing and selling construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified prestressed concrete (PC) wire and PC Strand and providing the construction and installation services for such products. The Company operates through three segments, including the manufacturing and distribution of concrete products, construction services, and the manufacturing and distribution of PC wire and PC strand. The Companyâs subsidiaries include Seven Wire Company Limited, General Nippon Concrete Industries Company Limited, Inno Precast Company Limited, and General Engineering Mauritius Limited.
General Engineering Public : Schedule of the AGM of Shareholders for the year 2022 and no dividend payment, the increase of registered capital, the issuance of warrants to purchase the Company's ordinary shares, and the acquisition of assets in the future. (Amendment)