News Detail

Date/Time
08 May 2018 17:52:00
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 (PP) (Amemdment 3)
Symbol
HYDRO
Source
HYDRO
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                Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 03-Apr-2018
Number of additional common shares       : 380,314,690
(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
(shall be incorporated within 30 April 2018)

SUTGH shall file for dissolution within 31 December 2018. Therefore, SUTGH's 
shareholders shall entitles to receive Company's ordinary shares and convertible
debenture to SUTGH's shareholders during the dissolution process are as
follows:
1)    Mr.Subbhalerk Na Songkla shall be allocated 175,796,000 shares, equivalent to
22.40 percent of the Company's total issued and paid up shares and shall be
allocated the convertible debenture in the amount of 238,902 units
2)    Mr.Inthidej Polin shall be allocated 19,203,000 shares, equivalent to 2.45 
percent of the Company's total issued and paid up shares and shall be allocated
the convertible debenture in the amount of 26,096 units
3)    Miss Nittaya Phudhiwat shall be allocated 1,000 shares, equivalent to 0.01 
percent of the Company's total issued and paid up shares and shall be allocated
the convertible debenture in the amount of 2 units
    Number of allotted shares (shares)   : 195,000,000
    % of Paid Up Capital after capital   : 20.10
increase
    Subscription price (baht per share)  : 1.00
    Total shares allocated to Private    : 195,000,000
Placement (Shares)
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 185,314,690
Remark                                   :
 Subscription period : Within a period determined by the shareholders' meeting 
but not exceeding three months after the  Shareholders' Meeting approved to
offer the newly issued shares
______________________________________________________________________

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.
______________________________________________________________________

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
______________________________________________________________________

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
(shall be incorporated within 30 April 2018)

SUTGH shall file for dissolution within 31 December 2018. Therefore, SUTGH's 
shareholders shall entitles to receive Company's ordinary shares and convertible
debenture to SUTGH's shareholders during the dissolution process are as
follows:
1)    Mr.Subbhalerk Na Songkla shall be allocated the convertible debenture in the 
amount of 238,902 units
2)    Mr.Inthidej Polin shall be allocated the convertible debenture in the amount 
of 26,096 units
3)    Miss Nittaya Phudhiwat shall be allocated the convertible debenture in the 
amount of 2 units
    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)       : 1,000.00
    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                                   :
Conversion period : 2 years after the date of issuance until 15 days before 
Redemption Period
______________________________________________________________________

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)
______________________________________________________________________
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