News Detail

Date/Time
10 Mar 2017 12:56:00
Headline
Dividend Payment, Right Adjustment for Warrants Exercise and 2017 Annual Ordinary General Meeting of Shareholders
Symbol
ML
Source
ML
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                Right Adjustment

Subject                                  : Adjustment
Symbol                                   : ML-W2
The Full name of Warrant                 : Warrant of MIDA LEASING PUBLIC CO., 
LTD. No. 2
Adjustment
Type of Adjustment                       : Adjustment of exercise price and 
exercise ratio
    Before Exercise Price (THB/share)    : 3.50
    After Exercise Price (THB/share)     : 3.182
    Before Adjustment Exercise Ratio     : 1 : 1
(unit : share)
    After Adjustment Exercise Ratio      : 1 : 1.10
(unit : share)
The reason for adjustment                : The Company shall adjust the exercise
price and exercise ratio to ensure that the benefits of the Warrant Holders are
not less than the existing status. The reasons for adjustment of this event are
 as follows; stock dividend payment
Effective date for adjustment            : 24-Mar-2017
______________________________________________________________________

Dividend consideration

Subject                                  : Cash and stock dividend payment
Date of Board resolution                 : 10-Mar-2017
Type of dividend payment                 : Cash and stock dividend payment
Record date for the right to receive     : 24-Mar-2017
dividends
Book closing date for collecting         : 27-Mar-2017
shareholders names under Section 225 of 
the Securities and Exchange Act
Ex-dividend date                         : 22-Mar-2017
Payment for                              : Common shareholders
Ratio of stock dividend payment          : 10 : 1
(Existing share : stock dividend)
Stock dividend payment rate (baht per    : 0.05
share)
Stock dividend payment rate calculated from  :
Par value
Cash dividend payment (baht per share)   : 0.01
Total dividend payment (baht per share)  : 0.06
Par value (baht)                         : 0.50
Payment date                             : 19-May-2017
Paid from                                :
    Operating period from 01-Jan-2016 to 31-Dec-2016
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 10-Mar-2017
Details of allotment
Allocated to                             : Reserved shares for stock dividend
Type of allocated securities             : Common shares
  Number of allotted shares (shares)     : 96,799,783
Allocated to                             : Reserved shares for the right 
adjustment of convertible securities
Type of allocated securities             : Common shares
  Number of allotted shares (shares)     : 48,397,928
Number of additional common shares       : 145,197,711
(shares)
Total of additional shares (shares)      : 145,197,711
Par value (baht per share)               : 0.50
______________________________________________________________________

Meeting schedule of securities holders

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 10-Mar-2017
Meeting date                             : 27-Apr-2017
Beginning time of meeting (h:mm)         : 13 : 30
Record date for the right to attend the  : 24-Mar-2017
meeting
Book closing date for collecting holders : 27-Mar-2017
 names under Section 225 of the 
Securities and Exchange Act
Ex-meeting date                          : 22-Mar-2017
Significant agenda item                  :
  - Dividend payment
  - Capital increase
  - The issuance of debentures
Venue of the meeting                     : Mida Airport Hotel Bangkok
Remark                                   :
Approved the designation of the date to hold the 2017 Annual General Meeting of 
Shareholders to be held on April 27, 2017 at  Mida Airport Hotel Bangkok
,99/401-486 Soi Benjamitre,Chaeng Wattana Road,Laksi District Bangkok. At 13.30
hrs.  to consider and approve the following agendas:
Agenda 1:    To consider and certify the Minutes of the Annual General Meeting of 
Shareholders 2016.
Agenda 2:              To report the 2016 Annual Report of the Board.
Agenda 3:     To consider and approve the audited financial statements of the 
Company as of December 31, 2016.
Agenda 4:    To consider and approval regarding the dividend payment   which 
dividend paid in cash and stock dividend.
Agenda 5:     To consider and approve for right adjustment of warrant No.1 (ML-W2) 
exercise due to stock dividend payment.
Agenda 6:     To Consider and approve the increase of registered capital share for 
support the stock dividend and right adjustment of warrant no.1 exercise
(ML-W2).
Agenda 7:                  To Consider and approve  the amendment of its' 
Memorandum of Association.
Agenda 8:         To consider the allocation of the newly issued shares to reserve for
 stock
                                   dividend and right adjustment of warrant no.1
 exercise (ML-W2).
Agenda 9:     To consider the re-election of retired-by-rotation directors of the 
Company.
Agenda 10:     To consider the compensation for the Company's directors as of 2017.
Agenda 11:     To consider the appointment of the Company's auditors and their 
compensation as of 2017.
Agenda 12:     To consider the issuing and offering the debentures and other Debt 
instruments.
Agenda 13:             To consider and approve other issues (if any).
______________________________________________________________________
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