News Detail

Date/Time
23 Jun 2020 18:23:00
Headline
Shareholders meeting's resolution (Edit)
Symbol
POLAR
Source
POLAR
Full Detailed News
Download Full Detailed News
                Shareholders meeting's resolution

Subject                                  : Shareholders meeting's resolution
Shareholder's meeting date               : 20-Jun-2020
Meeting's resolution                     : Change from board's resolution
Agenda that is not in line with Board's  : Agenda 2 To approve the decrease of 
the Company's registered capital from 995,806,605,840 Baht to 255,448,551,600
Baht and to approve the amendment to Article 4 of the Memorandum of Association
Agenda 3 To approve the decrease of the Company's registered capital from 
255,448,551,600 Baht to 8,514,951,720 Baht  and to approve the amendment to
Article 4 of the Memorandum of Association
Agenda 4 To approve the increase of the Company's registered capital from 
8,514,951,720 Baht to 12,772,427,580 Baht and to approve the amendment to
Article 4 of the Memorandum of Association
resolution
______________________________________________________________________

Increasing Capital

Status                                   : Canceled
Reason                                   :
The meeting resolved to disapprove the increase of the Company's registered 
capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 13-May-2020
Number of additional common shares       : 4,257,475,860
(shares)
Total of additional shares (shares)      : 4,257,475,860
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Common shares's shareholders
     Number of allotted shares (shares)  : 4,257,475,860
     Ratio (Old : New)                   : 2 : 1
     Subscription price (baht per share) : 0.01
______________________________________________________________________

Paid up Capital Reduction

Status                                   : Canceled

Subject                                  : Capital reduction by reducing par 
value
Date of Board resolution                 : 13-May-2020
Par value before capital decrease        : 30.00
capital (baht per share)
Par value after capital decrease (baht   : 1.00
per share)
______________________________________________________________________
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.