Registration No. 0107554000101
July 20, 2022
Subject: Notification of New Subsidiary Company Incorporation
To: President
The Stock Exchange of Thailand
According to the Board of Directors' Meeting No. 7/2022 of TVD Holdings Public Company Limited (Formally known as TV Direct Public Company Limited) (the "Company") which resolved to approve the incorporation of a new subsidiary company for carrying on the sale of goods business through 3 direct marketing channels i.e. E-Commerce, TV Shopping and Call Center. The Company hereby notifies that the Company has already registered a new subsidiary company on July 20, 2022. The detail of which is as follows:
Company name | : | TV Direct Co., Ltd. |
Office address | : | 25 Watcharapol Road, Tarang, Bangkhen, Bangkok |
Nature of business | : | Carrying on the sale of goods business through 3 |
direct marketing channels i.e. E-Commerce, TV | ||
Shopping and Call Center. | ||
Registered capital and shares : | Baht 1,000,000 divided into 10,000 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