- Translation -

No. JKNGB-004-07/2565

July 8, 2022

Subject Increase of Capital and Name Change of Subsidiary

To President

The Stock Exchange of Thailand

JKN Global Group Public Company Limited (the "Company") would like to inform that the Extraordinary General Meeting of shareholder no. 1/2022 held on July 4, 2022 of JKN MNB Company Limited (the "Subsidiary") of which the Company holds shares in the Subsidiary of 51% of the registered capital, has resolved to approve the capital increase from the existing registered capital of THB 34,000,000 (340,000 shares with a par value of THB 100 each) to the new registered capital of THB 59,000,000 (590,000 shares with a par value of THB 100 each) by issuing the newly issued shares of 250,000 shares with the subscription price of THB 100 each to the existing shareholders with the following details:

1) Shareholder structure:

Before Capital

After Capital

Shareholders

Increase

Increase

No. of

Ratio

No. of

Ratio

Shares

Shares

JKN Global Group Public Company Limited

173,397

51.00%2

423,397

71.76%2

MN Beverage Company Limited

166,600

49.00%

166,600

28.24%

Mr. Jakkaphong Jakrajuthatip1

1

0.00%

1

0.00%

Ms. Pimauma Jakrajutatip1

1

0.00%

1

0.00%

Mrs. Pitsamai Likhitumnouy1

1

0.00%

1

0.00%

รวม

340,000

100.00%

590,000

100.00%

Remark:1 such shareholders are the representative assigned by the Company to hold the shares to comply with the applicable laws.

2 in addition, he Company indirectly holds the Subsidiary share through MN Beverage Company Limited, before the capital increase in the shareholding ratio of 29.40% and after the capital increase in the shareholding ratio of 16.94% of total paid-up capital.

2)

Source of Fund:

Working capital of the Company

3)

Objective of Capital Increase:

Repayment loan to the Company, proceeds for investment

and working capital of the Subsidiary.

4)

Characteristics of Transaction:

This transaction is not a connected transaction according

to the Notification of the Capital Market Supervisory Board

No. TorJor. 21/2551.

5)

Transaction Size:

When calculating the size of the asset acquisition

transaction, it does not qualify for Information report

according to the Notification of the Capital Market

Supervisory Board No. TorJor. 20/2551 with the maximum

transaction size equal to the percentage 0.31 calculated

using the total value of consideration criteria Based on the

financial statements of the Company and its subsidiaries

as of March 31, 2022 and when combined with the

acquisition of assets and investments of the Company

Occurring in the past 6 months of the Company before

entering into this transaction calculated based on the total

value of consideration criteria, the total transaction size

equal percentage 7.95, which is the transaction size with a

value of less than 15% of the total net tangible assets of the

consolidated financial statements.

In addition, the Subsidiary has changed its name as follows:

Existing Name: JKN MNB Company Limited

New Name:

JKN Drink Company Limited

The subsidiary has registered the capital increase and amended the Memorandum of Association to be consistent with the increase of registered capital and has completed the registration of the name change as detailed above with the Department of Business Development, the Ministry of Commerce on July 8, 2022.

Please be informed accordingly.

Yours sincerely,

(Mr.Jakkaphong Jakrajuthatip)

Chief Executive Officer and Managing Director

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JKN Global Media pcl published this content on 11 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2022 00:43:03 UTC.