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
______________________________________________________________________
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