Sansiri Public Company Limited announced that on 11 April 2023, the Company formed the 2 new subsidiaries. The details are as follows: Subsidiary 1: Name of the Company is Jongjes Co. Ltd. Type of Business: Property development.
Initial Capital and Shares: THB 50,000,000 by divided into 500,000 ordinary shares with the par value of THB 100 each. Paid-up capital: THB 50,000,000. Shareholding Structure: The Company holds 100% shares.
The sources of funds: The Company's Working Capital. The return on investment: Dividend. Connected Nature: This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No.
TorJor. 21/2551. Size of Transaction: The asset acquisition value does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No.
TorJor. 20/2551. Subsidiary 2: Name of the Company: Ektanin Co.
Ltd. Type of Business: Property development. Initial Capital and Shares: THB 50,000,000 by divided into 500,000 ordinary shares with the par value of THB 100 each. Paid-up capital: THB 50,000,000.
Shareholding Structure: The Company holds 100% shares. The sources of funds: The Company's Working Capital. The return on investment: Dividend.
Connected Nature: This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 21/2551.
Size of Transaction: The asset acquisition value does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551.