News Detail

Date/Time
31 Oct 2016 18:32:00
Headline
Establish of JV co, acquisition of shares, issue CD, cap.increase, amend use of proceed,AOA, EGM2/16
Symbol
GL
Source
GL
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Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 31-Oct-2016
Allocated to                             : Private placement

    Type of allocated securities         : Convertible debentures
    Person(s) receiving allotment(s)     :
    JTrust Asia Pte.Ltd.
    Number of allotted securities        : 500
(units)
    Reserved shares for the exercise of  : Common shares
convertible securities
    Number of additional shares (shares) : 24,753,449
 
    Description of convertible debentures
        Name of convertible debentures   : Convertible debenture
        Conversion price (baht per       : 70.00
share)
        Term of convertible debentures   :
        3 years





Remark                                   :
Offering Price US Dollar 100,000 per unit

Conversion Ratio for Each Convertible Debentures: Principal amount of each 
convertible debenture divided by the Conversion Price

The Company will offer the convertible debentures upon the approval from the 
Office of the SEC
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 31-Oct-2016
Details of allotment
Allocated to                             : Reserved shares for the exercise of 
convertible securities
Type of allocated securities             : Common shares
  Number of allotted shares (shares)     : 34,654,829
Number of additional common shares       : 34,654,829
(shares)
Total of additional shares (shares)      : 34,654,829
Par value (baht per share)               : 0.50
Remark                                   :
The increase of capital is to reserve for the conversion of CD issued to: 1. 
JTrust Asia Pte. Ltd. at 24,753,449 shares
2. Creation Investments Sri Lanka LLC at 9,901,380 shares
______________________________________________________________________

Meeting schedule of securities holders

Subject                                  : Schedule of Extra-General Meeting of 
Shareholders
Date of Board resolution                 : 31-Oct-2016
Meeting date                             : 06-Dec-2016
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 14-Nov-2016
meeting
Book closing date for collecting holders : 15-Nov-2016
 names under Section 225 of the 
Securities and Exchange Act
Ex-meeting date                          : 10-Nov-2016
Significant agenda item                  :
  - Capital increase
  - Acquisition and disposition of assets
  - Connected transaction
  - The issuance of convertible securities
  - 1. Amendment of use of proceeds from the previously issued convertible 
debenures
2. Amendment of Articles of Associations
Venue of the meeting                     : The Miracle Grand Convention Hotel, 
Magic 2 Rm, 2nd fl, No. 99 KamphangPetch 6, Laksi, Bangkok 10210
______________________________________________________________________

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 31-Oct-2016
Allocated to                             : Private placement

    Type of allocated securities         : Convertible debentures
    Person(s) receiving allotment(s)     :
    Creation Investments Sri Lanka LLC
    Number of allotted securities        : 200
(units)
    Reserved shares for the exercise of  : Common shares
convertible securities
    Number of additional shares (shares) : 9,901,380
 
    Description of convertible debentures
        Name of convertible debentures   : Convertible debenture
        Conversion price (baht per       : 70.00
share)
        Term of convertible debentures   :
        3 years





Remark                                   :
Offering Price US Dollar 100,000 per unit

Conversion Ratio for Each Convertible Debentures: Principal amount of each 
convertible debenture divided by the Conversion Price

The Company will offer the convertible debentures upon the approval from the 
Office of the SEC
______________________________________________________________________

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.