News Detail

Date/Time
15 Dec 2016 17:07:00
Headline
The Signing of the Shareholders Agreement
Symbol
AUCT
Source
AUCT
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                AUCT-OP 333/2559    15 December 2016
Subject:    The Signing of the Shareholders Agreement
To:    The President
    The Stock Exchange of Thailand
The Board of the Directors' Meeting No. 4/2016 which was held on 9 August 2016 
has approved the Company to invest jointly in the new entity with TSF Energy
Co., Ltd., TSF's subsidiary,  named Action and Auction Company Limited,
Memorandum of Understanding has been signed by the shareholders. Moreover the
Board of the Directors' Meeting No. 6/2016 which was held on 14 October 2016 has
approved the Company to invest in Action and Auction Company Limited to
increase the revenue for the Company.
Shareholding proportion:
(1)    Union Auction Public Company Limited    holds 50.998%    
(2)    TSF Energy Co., Ltd.    holds 24%        
(3)    Pearl and Dean Media Service Co., Ltd.    holds 15%      
(4)    Athajak Co., Ltd.     holds   5%        
(5)    Mr. Baupit Thurachon     holds    5%        
(6)    Miss Poonsilp Kaewchumnong    holds   0.001%    
(7)    Mr. Kriangsak Tamraksa     holds   0.001%    
The Company would like to announce that, on 15 December 2016, Shareholders 
Agreement of Action and Auction Company Limited has been signed by the
shareholders. The registration of Action and Auction Company Limited will be
completed within 31 January 2017.
Please be informed accordingly.

Yours sincerely,
Union Auction Public Company Limited

-Signature-
(Mr. Thepthai Sila)
Director
Authorized Signatory
______________________________________________________________________
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