-Translation-
No. RPCG/HO-SET/0013/2020
August 14, 2020
Subject: Notification of the Dissolution of the Subsidiary
To: President
The Stock Exchange of Thailand
The resolutions of the Meeting of the Board of Directors of RPCG Public Company Limited (the "Company"), No. 04/2020 held on August 14, 2020, which resolves to approve Super Pure Gas Company Limited ("SPG"), which is a subsidiary of the Company indirectly holds shares via Pure Thai Energy Company Limited, a subsidiary of the Company in proportion of 55 percent, because SPG has accumulated losses in business operations, SPG registered the dissolution with the Department of Business Development, Ministry of Commerce on July 13, 2020 and is currently under the process of Liquidate. The dissolution of SPG does not affect the business of the company at all.
The disposal of shares of Super Pure Gas Company Limited ("SPG") considered the acquisition of assets pursuant to the notification of the Capital Market Supervisory Board No.TorJor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets on August 31, 2008 ( and amendments) and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets B.E.2547, dated 29 August 2004 (Notification on Acquisition or Disposition) and upon calculating the size of the transaction according to Re: Acquisition or Disposal of Assets, the highest value of the transaction was 0.51 percent of the assets value of the Company as of March 21, 2020 (the basis for calculation of the largest transaction size), which such transaction was not required to disclose information pursuant to the notification on acquisition or disposition. Whereby there was no any of the Company's transaction for disposal of assets in the past 6 months.
Please be informed accordingly.
Yours faithfully,
(Mrs.Supannee Tanchaisrinakorn)
Company Secretary
Investor relation / Office of Managing Director
Email: ir@rpcthai.comTel. 0-2372-3600