News Detail

Date/Time
11 Aug 2021 21:40:00
Headline
Shareholders meeting's resolution cancel the issuance of SIMAT-W5 (Old), issuance of SIMAT-W5 (New)
Symbol
SIMAT
Source
SIMAT
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 10-Mar-2021
Shareholder's meeting date               : 29-Apr-2021
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 29-Mar-2021
meeting
Ex-meeting date                          : 26-Mar-2021
Significant agenda item                  :
  - Omitted dividend payment
  - Capital increase
  - The issuance of convertible securities
  - The issuance of debentures
  - Changing the director(s)
Venue of the meeting                     : At Rajapruek Room, Simat Technologies
Public Company Limited, No. 123, Soi Chalongkrung 31, Ladkrabang Industrial
Estate, Chalongkrung Road, Lamplatew Sub-district, Ladkrabang District, Bangkok.
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Omitted dividend payment
Date of Board resolution                 : 10-Mar-2021
Omitted dividend payment from            :
    Operating period from 01-Jan-2020 to 31-Dec-2020

______________________________________________________________________

Change of director/Executive

Approved and agreed to propose the Shareholders' Meeting to consider and approve
the appointment of new directors to replace the directors who retire by
rotation.
    This year, there are 3 directors who retire by rotation namely:
1) Mr. Tawatchai Aranyik 2) Ms. Ranchana Rajatanawin 3) Mr. Thammanoon 
Korkiatwanich.    
    In this regard, the Board of Directors approved and agreed to propose the 
Shareholders' Meeting the appointment of 3 new directors to replace those
directors who retire by rotation as follows:
1.    Mr. Yanapol Rakkasikorn to replace Mr. Tawatchai Aranyik;    
2.    Mr. Krispong Wongmahattana to replace Ms. Ranchana Rajatanawin;
3.    Mr. Yutthaweera Ashwangkul to replace Mr. Thammanoon Korkiatwanich;

Therefore, the Board of Directors will consist of:
1.    Mr. Thongkam Manasilapapan, Vice Chairman of the Board of Directors (Deputy 
Chairman of the Board of Directors)
2.    Mr. Boonlert Iawpornchai, Director
3.    Mr. Teeranut Thangsatapornpong, Director     
4.    Mr. Phanom Rattanarat, Director            
5.    Mr. Thanayous Kositsakul, Director        
6.    Mr. Thanawat Eusiriphan, Director            
7.    Mr. Krispong Wongmahattana, Independent Director
8.    Mr. Yuthweera Ashwangku, Independent Director
9.    Mr. Yanapol Rakkasikorn, Independent Director    
______________________________________________________________________

Issued Convertible Securities

Status                                   : Canceled
Reason                                   :
150,747,654 Units of warrants to purchase ordinary shares of the company no. 5 
("SIMAT-W5") are insufficient to allocate in proportion to 4 ordinary shares per
1 warrant to purchase ordinary shares of the company which approved by the
resolution of the annual general meeting of the shareholders 2021 held on April
29, 2021.

Subject                                  : Issued convertible securities
Date of Board resolution                 : 10-Mar-2021
Type of allocated securities             : Warrants
  Allocate to                            : Existing common shareholders
    Number of allotted warrants (units)  : 150,747,654
    Reserved shares for the exercise of  : Common shares
warrants
    Number of additional shares (shares) : 150,747,654
    Ratio (Existing shares : Warrant)    : 4 : 1
    Offering price (baht per unit)       : 0
    Description of warrants
      Warrant Symbol                     : SIMAT-W5
      Name of warrant                    : Warrants to Purchase Newly Issued 
Ordinary Shares Simat Technologies Public Company Limited No.5
      Exercise ratio (warrant : share)   : 1 : 1
      Exercise price (baht per share)    : 2.00
      Term of warrants                   :
    3 years from the issuance date of the Warrants
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 10-Mar-2021
Number of additional common shares       : 241,432,688
(shares)
Total of additional shares (shares)      : 241,432,688
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : All Common shares' shareholders
     Number of allotted shares (shares)  : 75,373,827
     Ratio (Old : New)                   : 7 : 1
     Subscription price (baht per share) : 3.00
    Subscription period                  : From 24-May-2021 to 31-May-2021
    Record date for the right to         : 11-May-2021
subscribe additional shares
    Ex-Rights Date (XR)                  : 10-May-2021
  Allocated to                           : Reserved shares for the right 
adjustment of convertible securities
    Number of allotted shares (shares)   : 15,311,207
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 150,747,654
______________________________________________________________________
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