News Detail

Date/Time
20 Apr 2021 08:37:00
Headline
Notification of the change of the venue of the Annual General Meeting of Shareholders for the year 2021 and Precautionary Measures for Holding the Meeting under the Coronavirus Disease 2019 (Add Templates)
Symbol
PIMO
Source
PIMO
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 23-Feb-2021
Shareholder's meeting date               : 27-Apr-2021
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 26-Mar-2021
meeting
Ex-meeting date                          : 25-Mar-2021
Significant agenda item                  :
  - Cash dividend payment
  - Capital increase
  - The issuance of convertible securities
  - Changing the director(s)
Venue of the meeting (Update)            : room Meeting, 1st floor, Pioneer 
Motor Public Company Limited, number 78, 78/4, 78/5 Moo 3, Don Tum-NakhonChai Si
 Road, DonFaek Subdistrict, NakhonChai Si District, NakhonPathom 73120.
Remark (New)                             :
The meeting date and time of the meeting the agenda of the meeting remained the 
same as informed in the invitation letter.
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash dividend payment
Date of Board resolution                 : 23-Feb-2021
Type of dividend payment                 : Cash dividend payment
Record date for the right to receive     : 06-May-2021
dividends
Ex-dividend date                         : 05-May-2021
Payment for                              : Common shareholders
Cash dividend payment (baht per share)   : 0.034
Derived from profit under non-BOI        : 0.00
privilege (baht per share)
Derived from profit under BOI privilege  : 0.034
(baht per share)
Par value (baht)                         : 0.25
Payment date                             : 25-May-2021
Paid from                                :
    Operating period from 01-Jul-2020 to 31-Dec-2020
______________________________________________________________________


Increasing Capital

Subject                                  : Issuance  of Additional Shares Under 
a General Mandate
Date of Board resolution                 : 11-Mar-2021
Number of additional common shares       : 60,000,000
(shares)
Total of additional shares (shares)      : 60,000,000
Par value (baht per share)               : 0.25
Type of allocated securities             : Common shares
  Allocated to                           : Private placement
    Number of allotted shares (shares)   : 60,000,000
    % of Paid-Up capital as of capital   : 9.73
increase BOD resolution date
______________________________________________________________________

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 11-Mar-2021
Type of allocated securities             : Warrants
  Allocate to                            : Existing common shareholders
    Number of allotted warrants (units)  : 176,133,046
    Reserved shares for the exercise of  : Common shares
warrants
    Number of additional shares (shares) : 176,133,046
    Ratio (Existing shares : Warrant)    : 7 : 2
    Record date for the right to receive : 06-May-2021
 warrants
    Ex-rights date                       : 05-May-2021
    Offering price (baht per unit)       : 0
    Description of warrants
      Warrant Symbol                     : PIMO-W2
      Name of warrant                    : Warrant to purchase newly issued 
ordinary shares of Pioneer Motor Public Company Limited No. 2 ("PIMO-W2")
      Exercise ratio (warrant : share)   : 1 : 1
      Exercise price (baht per share)    : 1.75
      Term of warrants                   :
    2Year
Remark                                   :
However, the date for determining the names of shareholders who will be entitled
to receive warrants to purchase the Company's ordinary shares is not yet
certain. Until the Annual General Meeting of Shareholders for the year 2021
passes a resolution approving the capital increase and the allocation of the
newly issued ordinary shares as proposed.
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 11-Mar-2021
Number of additional common shares       : 176,133,046
(shares)
Total of additional shares (shares)      : 176,133,046
Par value (baht per share)               : 0.25
Type of allocated securities             : Common shares
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 176,133,046
Remark                                   :
Allocation of 176,133,046 newly issued ordinary shares to accommodate the 
exercise of the warrant holders to purchase the Company's ordinary shares No.2
(PIMO-W2).
______________________________________________________________________
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.