Registration No. 0107554000101
August 18, 2022
Subject: Notification of New Subsidiary Company Incorporation
To: President
The Stock Exchange of Thailand
According to the Board of Directors' Meeting No. 8/2565, held on June 23, 2022 of TVD Holdings Public Company Limited (the "Company") which resolved to approve the incorporation of a new subsidiary company to accept the transfer of goods and parcel delivery business from ABPO Company Limited, a subsidiary in which the Company holds 100 percent of voting shares. The Company hereby notifies that the Company has already registered a new subsidiary company on August 18, 2022. The detail of which is as follows:
Company name | : | X-PRESSO (THAI) CO., LTD. |
Office address | : | 110/3 Moo 6, Tarang, Bangkhen, Bangkok |
Nature of business | : | Carrying on service business for goods and parcel |
delivery | ||
Registered capital and shares : | Baht 30,000,000 divided into 300,000 shares at | |
the par value of Baht 100 each. | ||
Shareholders' structure | : | TVD Holdings Public Company Limited holds |
shares in the proportion of 100 percent. | ||
Source of fund | : | Working capital of the Company. |
The said transaction is not considered as a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. Tor.Chor. 21/2551 and is not the acquisition of assets having size of transaction within the scope of the Notification of the Capital Market Supervisory Board No. Tor. Chor. 20/2551.
Please be informed accordingly.
Yours sincerely,
(Mr. Wichian Manapongpun)
Company Secretary