Page 24 - Anual report STi 2022_eng

1.1.2 Summary of Major Changes and Developments in the Company Group

Year 2017 : ● The company was certified according to the quality standard ISO 9001 : 2015 in the field of
Consulting and Construction Management (Consultant and Pre-Construction Management) from

TUV NORD Institute, which is an institute for certification and issuing certification according to
system standards both inside and outside the country regarding quality health safety, environment
and social responsibility.

Year 2018 : ● The company shareholders resolved to change the company’s par value from 100 baht per share to
0.50 baht per share, resulting in the change in the number of STI shares from 1,000,000 shares to

200,000,000 shares. In addition, the shareholders resolved to increase the registered capital from
100.00 million baht to 134.00 million baht by issuing 68,000,000 new ordinary shares with a par
value of 0.50 per share and resolved to convert into a company public for an initial public offering.

Year 2019 : ● Stonehenge Company Limited (“STH”) increased registered capital from 5.00 million baht to
40.00 million baht to support growth and expansion.

Year 2020 : ● Stonehenge Inter Venture Company Limited (“STV”) increased registered capital from 1.00 million
baht to 276.00 million baht on April 29, 2020

● STV Invested in the purchase of ordinary shares of Asian Engineering Consultants Company

Limited (“AEC”) in the amount of 344,250 shares or 63.75% of all issued and paid-up shares (“AEC”)
at the price 799 baht per share, totaling 275.06 million baht. The transaction was completed on

April 30, 2020.

● Stonehenge Inter Venture Company Limited (“STV”) increased registered capital from 276.00
million baht to 310.50 million baht on June 23, 2020.

● Asian Engineering Consultant Co.,Ltd. “AEC” increased registered capital from 54.00 million baht
to 108.00 million baht on June 28, 2020

Year 2021 : ● The company is able to operate smoothly through a business structure and management that is well
prepared for emergency situations although the situation of the epidemic of COVID-19 will be intense
and continuous. The company is able to maintain revenue and expanding new customer base to

government project customers. As a result, the proportion of customers placed in 2021 meets the target.

Year 2022 : ● The 2022 annual general meeting of shareholders, held on April 29, 2022, resolved to approve the

Company's payment of stock dividends to shareholders at the rate of 0.80 existing shares per 1 stock
dividend, totaling not more than 335,000,000 shares. Par value of 0.50 baht per share, total value
not exceeding 167.50 million baht, or equivalent to the dividend payment rate of 0.625 baht per share.

22 Annual Report 2022 (56-1 One Report)