News Detail

Date/Time
04 Nov 2021 17:23:00
Headline
Notification of the resolution of the Board of Directors Meeting No. 6/2021 regarding the determination of allocation ratio of newly issued ordinary shares offering to existing shareholders in proportion to their shareholding (Edited2)
Symbol
JMT
Source
JMT
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Extra-General Meeting of 
Shareholders
Date of Board resolution                 : 26-Aug-2021
Shareholder's meeting date               : 01-Nov-2021
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 10-Sep-2021
meeting
Ex-meeting date                          : 09-Sep-2021
Significant agenda item                  :
  - Capital increase
  - The issuance of convertible securities
Venue of the meeting                     : With the meeting format via 
electronic media (E-EGM)
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 26-Aug-2021
Number of additional common shares       : 311,580,130
(shares)
Total of additional shares (shares)      : 311,580,130
Par value (baht per share)               : 0.50
Type of allocated securities             : Common shares
  Allocated to                           : All Common shares' shareholders
     Number of allotted shares (shares)  : 240,963,856
     Ratio (Old : New)                   : 4.67435 : 1
     Subscription price (baht per share) : 41.50
    Subscription period                  : From 14-Dec-2021 to 20-Dec-2021
    Record date for the right to         : 08-Nov-2021
subscribe additional shares
    Ex-Rights Date (XR)                  : 05-Nov-2021
  Allocated to                           : Reserved shares for the right 
adjustment of convertible securities
    Number of allotted shares (shares)   : 116,274
  Allocated to                           : Reserved shares for the exercise of 
convertible securities
    Number of allotted shares (shares)   : 70,500,000
Remark (Update)                          :
In this regard, the allocation ratio of newly issued ordinary shares offering to
existing sharholders (Right Offering) equivalent to 4.558 - 5.053 existing
shares per 1 newly issued ordinary share (the calculation will be divided into 2
cases, i.e., no JMT-W2 and JMT-W3 holders who exercise the right to convert
this time and in the event that all holders of JMT-W2 and JMT-W3 exercise the
conversion rights of JMT-W2 and JMT-W3 in full amount on the above exercise
date). The Board of Directors will determine the final allocation ratio after
knowing the exact result of the exercise of JMT-W2 and JMT-W3 conversion rights
within October 12, 2021.

The Board of Directors Meeting No. 6/2021 held on 4 October 2021 has determined 
the allocation ratio (after the result of the exercise of JMT-W2, JMT-W3 and
JMT-ESOP W1) which is equivalent 4.67435 existing shares to 1 newly issued
ordinary share.

In the allocation of the newly issued ordinary shares of the Company to the 
existing shareholders of the Company in proportion to their respective
shareholdings (Rights Offering) as mentioned above. The Board of Directors has
the right to, at its discretion, not offer or allocate such newly issued
ordinary shares to any person or subscriber, which may include the existing
shareholders of the Company in the United States, and any other countries as the
Company deems appropriate, which the Company may further notify (if any) or it
may result
    (a) In an act that is contrary to any laws, rules, or regulations of Thailand 
or abroad and/or the Articles of Association of the Company or
    (b) The Company has any obligations or obligations to perform or to take any 
further action other than those required by laws or regulations relating to the
issuance and offering for sale of securities under Thai law or
    (c) Not in accordance with the rules, procedures or conditions prescribed by 
the Company for the offering or allocation of such newly issued ordinary shares
______________________________________________________________________

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 26-Aug-2021
Type of allocated securities             : Warrants
  Allocate to                            : Existing Shareholders who subscribe 
for additional shares
    Number of allotted warrants (units)  : 70,500,000
    Reserved shares for the exercise of  : Common shares
warrants
    Number of additional shares (shares) : 70,500,000
    Ratio (additional shares : Warrant)  : 3.418 : 1
    Offering price (baht per unit)       : 0
    Description of warrants
      Warrant Symbol                     : JMT-W4
      Name of warrant                    : Warrants to purchase ordinary shares 
 of the Company No.4
      Exercise ratio (warrant : share)   : 1 : 1
      Exercise price (baht per share)    : 90.00
      Term of warrants                   :
    3 years
______________________________________________________________________
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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.