Post by account_disabled on Jan 2, 2024 9:27:54 GMT 5.5
Mr. Rungsri Teepakornsukkasem, Managing Director of Smart Concrete Public Company Limited (SMART), a manufacturer and distributor of lightweight bricks with a high-pressure steam system for use in construction and building wall work. Revealed that the resolution of the Extraordinary General Meeting of Shareholders No. 1/62 approved the issuance and allocation of warrants to purchase additional ordinary shares of the Company, Generation 2 (SMART-W2), in the amount of 92,000,048 units, with a par value of 1 baht per unit.
Term of 2 years, allocated to existing shareholders B2B Email List at the rate of 5 existing common shares per 1 warrant unit. Set the names of shareholders who have the right to receive SMART-W2 allocation (Record Date) on 19 Sep. 2019 and allocate SMART-W2 to existing shareholders in proportion to their shareholding on 4 Oct. 62 As for the SMART-W2 exercise rate, it is 1 warrant unit / 1 share, exercise price 1.50 baht/share, first exercise in May. 63 and can exercise the rights 3 more times until the warrant expires on October 3, 2021. The company will increase its registered capital from 460,000,240 baht to 552,000,288 baht by issuing 92,000,048 additional common shares to support the exercise of rights.
Convertible SMART-W2 The money raised from this fundraiser aims to improve the efficiency of machines. product development Develop various work systems such as computer programs used in production. Warehouse management system and product delivery system Buy raw material sources Including using it as working capital to increase competitiveness and support orders that are likely to increase. This makes the company confident that there will be many opportunities for growth in the future. Especially export work in neighboring countries. Business trends of the company in the second half of the year Overview of the construction materials market - lightweight bricks in the country have good direction There are factors from the demand for construction materials, the Eastern Economic Corridor (EEC) policy, investment in large mega projects.
Term of 2 years, allocated to existing shareholders B2B Email List at the rate of 5 existing common shares per 1 warrant unit. Set the names of shareholders who have the right to receive SMART-W2 allocation (Record Date) on 19 Sep. 2019 and allocate SMART-W2 to existing shareholders in proportion to their shareholding on 4 Oct. 62 As for the SMART-W2 exercise rate, it is 1 warrant unit / 1 share, exercise price 1.50 baht/share, first exercise in May. 63 and can exercise the rights 3 more times until the warrant expires on October 3, 2021. The company will increase its registered capital from 460,000,240 baht to 552,000,288 baht by issuing 92,000,048 additional common shares to support the exercise of rights.
Convertible SMART-W2 The money raised from this fundraiser aims to improve the efficiency of machines. product development Develop various work systems such as computer programs used in production. Warehouse management system and product delivery system Buy raw material sources Including using it as working capital to increase competitiveness and support orders that are likely to increase. This makes the company confident that there will be many opportunities for growth in the future. Especially export work in neighboring countries. Business trends of the company in the second half of the year Overview of the construction materials market - lightweight bricks in the country have good direction There are factors from the demand for construction materials, the Eastern Economic Corridor (EEC) policy, investment in large mega projects.