12 May 2020 12:40:00
Increase investment in a subsidiary
No. VP200506 12 May 2020 Subject: Increase investment in a subsidiary To: President of the Stock Exchange of Thailand As reference with the board resolution of ALT Telecom Public Company Limited (the "Company") no. 3/2020 dated 12 May 2020, approved the Company to increase the investment in International Gateway Co., Ltd. (IG), a subsidiary 100% own of ALT, which are as follows; Source of fund : Internal working capital. Objective of increase capital of subsidiary : To strengthen the financial position and serve for future growth. For your information. Respectfully Yours, Somboon Setsuntipong VP - Finance & Accounting ______________________________________________________________________ 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.