News Detail

Date/Time
04 Apr 2018 08:54:00
Headline
Notification of the Board of Directors No.6/2018 Re: Convening the EGM No.1/2018; an Acquisition of Assets and Connected Transaction for the Entire Business Transfer and Allocation of Securities to the Specific Investor (Private Placement)
Symbol
HYDRO
Source
HYDRO
Full Detailed News
Download Full Detailed News
                Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Shareholders
Date of Board resolution                 : 03-Apr-2018
Shareholder's meeting date               : 10-May-2018
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 18-Apr-2018
meeting
Ex-meeting date                          : 17-Apr-2018
Significant agenda item                  :
  - Capital increase
  - Acquisition and disposition of assets
  - Connected transaction
  - The issuance of convertible securities
  - Changing the director(s)
Venue of the meeting                     : At Meeting Room, Floor 25th, TP&T 
Tower, No. 1, Soi Vibhavadee Rangsit 19,Vibhavadee Rangsit Road,
ChatuchakSub-District, Chatuchak District, Bangkok, 10900
Remark                                   :
Board of Directors approved that the determination of the date of the 
Extraordinary General Meeting of Shareholders No.1/2017 will be held on May 10,
2018 at 2.00 p.m., at Meeting Room, 25th Floor of TP&T Building, No. 1, Soi
Vibhavadi Rangsit 19, Vibhavadi Rangsit Road, Chatuchak Sub-District, Chatuchak
District, Bangkok 10900. Details as Notification of the Board of Directors
No.6/2018 Re: Convening the Extraordinary Shareholders' Meeting No.1/2018; an
Acquisition of Assets and Connected Transaction for the Entire Business Transfer
 and Allocation of Securities to the Specific Investor (Private Placement)
______________________________________________________________________

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 03-Apr-2018
Type of allocated securities             : Convertible debentures
  Allocate to                            : Private placement (PP)
  Person(s) receiving allotment(s)       :
    SUTG Holding Company Limited which shall be established within 30 April 2018
    Number of allotted convertible       : 265,000
debentures (units)
    Reserved shares for the exercise of  : Common shares
convertible debentures
    Number of additional shares (shares) : 185,314,690
    Offering price (baht per unit)       : 1.00
    Offering date                        : From 10-May-2018 to 10-May-2019
    Description of convertible debentures
      Name of convertible debentures     : Conversion Bonds of Hydrotek Public 
Company Limited No. 1/2018
      Conversion ratio(debentures        : 1 : 699.30071
:shares)
      Conversion price (baht per share)  : 1.43
      Term of convertible debentures     :
        3 Years
Remark                                   :
Details as Attachment 4: Key Terms and Conditions of the newly issued 
Convertible bonds with a Conversion Right into Hydrotek Public Company Limited's
 Ordinary Share to the Specific Investor
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 03-Apr-2018
Number of additional common shares       : 195,000,000
(shares)
Total of additional shares (shares)      : 380,314,690
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Private placement
    Person(s) receiving allotment(s)     : SUTG Holding Company Limited which 
shall be established within 30 April 2018
    Number of allotted shares (shares)   : 195,000,000
    % of Paid Up Capital after capital   : 24.84
increase
    Subscription price (baht per share)  : 1.00
    Subscription period                  : From 10-May-2018 to 02-Aug-2018
    Total shares allocated to Private    : 195,000,000
Placement (Shares)
Remark                                   :
Attachment 2: Information Memorandum regarding the Offering and Allocation of 
the Newly Issued Shares and Convertible debenture of Hydrotek Public Company
Limited to the Specific Investor (Private Placement)
______________________________________________________________________

Connected transaction

Details as  Attachment 1: Information Memorandum of Hydrotek Public Company 
Limited Re: Acquisition of Assets and a Connected Transaction in Relation to the
Acceptance of the Entire Business Transfer and Allocation of the Newly Issued
Securities
______________________________________________________________________

Acquisition or disposition of assets

Details as  Attachment 1: Information Memorandum of Hydrotek Public Company 
Limited Re: Acquisition of Assets and a Connected Transaction in Relation to the
Acceptance of the Entire Business Transfer and Allocation of the Newly Issued
Securities
______________________________________________________________________

Change of director/Executive

Board of Directors' Meeting No.6/2017 approved to propose to the shareholders' 
meeting to consider and approve an appointment of the additional director. After
such appointment of the additional director, the Board of Directors will
consist of 7 directors.
______________________________________________________________________
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.