ASW.CO 012/2565
June 15, 2022 | |
Subject | : Notification on the registration of the establishment of subsidiary |
To | : President of the Stock Exchange of Thailand |
According to the Board of Directors' Meeting of AssetWise Public Company Limited |
("The Company") No. 3/2022 held on May 11, 2022 resolved to, passed a resolution approving the establishment eight subsidiary companies.
The Company would like to inform that the establishment of new subsidiary companies has been registered with the Department of Business Development. Ministry of commerce with the following details:
1. Name of the Company | Wise Estate 11 Company Limited |
Incorporation Date | June 14, 2022 |
Type of Business | Real Estate Development |
Registered Capital | 1,000,000 Baht (One million baht) consists of 10,000 ordinary |
shares (ten thousand shares) with a par value of 100 Baht (One | |
hundred baht) each. | |
Shareholding Structure | 99.97% held by Synergy Estate Company Limited |
Source of Fund | The Company's working capital |
Connected Nature | This transaction is not a connected transaction in accordance with |
the Notification of the Capital Market Supervisory Board No. | |
TorJor.21/2551 (including additional revisions). | |
Size of Transaction | The calculated transaction size does not cause the Company to |
fall within the disclosure requirement under the Notification of the | |
Capital Market Supervisory Board No. TorJor.20/2551. |
2. Name of the Company | Wise Estate 12 Company Limited |
Incorporation Date | June, 14 2022 |
Type of Business | Real Estate Development |
Registered Capital | 1,000,000 Baht (One million baht) consists of 10,000 ordinary |
shares (ten thousand shares) with a par value of 100 Baht (One | |
hundred baht) each. | |
Shareholding Structure | 99.97% held by Synergy Estate Company Limited |
Source of Fund | The Company's working capital |
Connected Nature | This transaction is not a connected transaction in accordance with |
the Notification of the Capital Market Supervisory Board No. | |
TorJor.21/2551 (including additional revisions). | |
Size of Transaction | The calculated transaction size does not cause the Company to |
fall within the disclosure requirement under the Notification of the | |
Capital Market Supervisory Board No. TorJor.20/2551. | |
Please be informed accordingly. | |
Yours sincerely, | |
- Kromchet Vipanpong - | |
(Kromchet Vipanpong) | |
Director and Chief Executive Officer |