Singer Thailand Public Co. Ltd.SET: SINGER

Right Adjustment of Singer-W3 (Edit)

· Issued by Singer Thailand Public Co. Ltd.
Date/Time
28 Apr 2022 22:03:41
Headline
Right Adjustment of Singer-W3 (Edit)
Symbol
SINGER
Source
SINGER
Full Detailed News
                Right adjustment / No right adjustment

Subject                                  : Right Adjustment
Symbol                                   : Singer-W3
The full name of warrant                 : WARRANTS TO PURCHASE ORDINARY SHARES 
OF SINGER THAILAND PUBLIC COMPANY LIMITED NO.3
Adjustment
Type of adjustment                       : Adjustment of exercise price and 
exercise ratio
     Before exercise price (THB/share)   : 36.30050
     After exercise price (THB/share)    : 36.27395
     Before adjustment exercise ratio    : 1 : 1
(unit : share)
     After adjustment exercise ratio     : 1 : 1.00073
(unit : share)
The reason for adjustment                : The Company shall adjust the 
exerciseprice and exercise ratio to ensure that the benefits of the Warrant
Holders are not less than the existing status. The reasons for adjustment of
this event are as follows; - Dividend payment at a rate higher than the rate
which is Rights and Duties of the Issuer and the Holders of Warrants to Purchase
Ordinary shares Part 2 no. 6.5 The Company pays cash dividend at a rate higher
than 70% of the Net profit of the consolidated Financial Statement (audited)
Effective date for adjustment (Update)   : 29-Apr-2022
Authorized Persons to Disclose           : Mr. Kittipong Kanokvilairat
Information
Position                                 : Chief Executive Officer

Mrs. Nonglak Laksanapokin, Ph.D
Director
______________________________________________________________________
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.