Page 167 - ACC One Report 2567-En

ADVANCED CONNECTION CORPORATION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
The Company has completed the registration of the capital increase and the amendment of the Memorandum of Association with the Department of Business Development, Ministry of Commerce, on November 8, 2024.
25.3.3 Approved the allocation of up to 447.69 million newly issued common shares of the Company, either in a single or multiple issuances, with a par value of 0.25 Baht per share. These shares will be issued and offered to the Company’s existing shareholders on a pro-rata basis, excluding shareholders who would cause the Company to have legal obligations under foreign laws (Preferential Public Offering: PPO), at an allocation ratio of 3 existing common shares to 1 newly issued common share. Any fractional shares resulting from the calculation will be disregarded. The offering price for the newly issued common shares is set at 0.60 Baht per share, with a total offering value not exceeding 268.61 million Baht.
In this offering of newly issued common shares to existing shareholders, the shares will be allocated in proportion to each shareholder’s holdings. If there are fractional shares resulting from the calculation, they will be disregarded. Additionally, existing shareholders will have the right to subscribe for more shares than their entitlement (Oversubscription). However, the allocation of oversubscribed shares will only occur if there are remaining shares after fully allocating to existing shareholders who have subscribed according to their entitlement.
25.3.4 Approved an increase in the Company’s registered capital by 221.92 million Baht, from the previous registered capital of 447.69 million Baht to a new registered capital of 669.61 million Baht. This increase will be achieved through the issuance of up to 887.69 million newly issued common shares with a par value of 0.25 Baht per share to accommodate the allocation of newly issued common shares as follows:
25.3.4.1 Approved the issuance of up to 447.69 million newly issued common shares with a par value of 0.25 Baht per share to accommodate the issuance and offering of newly issued common shares to the Company’s existing shareholders on a pro-rata basis, excluding shareholders who would cause the Company to have legal obligations under foreign laws (Preferential Public Offering: PPO), at an allocation ratio of 3 existing common shares to 1 newly issued common share. Any fractional shares resulting from the calculation will be disregarded. The offering price for the newly issued common shares is set at 0.60 Baht per share, with a total offering value not exceeding 268.61 million Baht.
On December 20, 2024, the Company allocated 97.28 million newly issued common shares to its existing shareholders on a pro-rata basis, excluding shareholders who would cause the Company to have legal obligations under foreign laws (Preferential Public Offering: PPO). These shares have a par value of 0.25 Baht per share and were offered at a price of 0.60 Baht per share. The Company successfully received total share subscription payments amounting to 58.37 million Baht during the subscription period from December 9, 11-13, and 16-17, 2024. On December 20, 2024, the Company
Annual Report 2024 (Form 56-1 One Report) Advanced Connection Corporation Public Company Limited
167
69