Page 31 - ACC One Report 2567-En

Year 2021
• The resolution of the Board of Directors' Meeting No. 1/2021 held on February 24, 2021 resolved to sell all investments of Premium Energy Corporation Co., Ltd. in the amount of 3,600,000 shares at a price of 39.00 million baht.
• The Annual General Meeting of Shareholders for the year 2021 resolved to reduce the registered capital of the company 189,236,006.75 baht from the original registered capital 524,999,912.50 baht to a new registered capital of 335,763,905.75 baht by canceling 756,994,027 unissued ordinary shares at a par value of 0.25 baht per share and approving the all of the sale of investment in ordinary shares of C.E.I. (Chiang Mai) Co., Ltd. and ACC Green Energy Co., Ltd., to Thai Lanna Food and Cultural Center Co., Ltd. which is one of the defendants the company filed a lawsuit for at a price of 550 million baht.
• The resolution of the Executive Board Meeting No. 9/2021 held on May 20, 2021 resolved to approve the establishment of ACC Cannabis Company Limited with a registered capital of 40.00 million baht (ordinary shares of 4,000,000,000 shares at a par value of 10 baht per share). The company was registered on June 1, 2021. The company holds 3,999,997 shares, representing 100 percent of all shares. The company paid for such shares in the amount of 10,000,000 baht (at the rate of 25 percent of the registered capital) on June 8, 2021.
• Resolution of the Board of Directors Meeting of the Company No. 18/2021 held on October 26, 2021 resolved to approve the sale of investment in ordinary shares of ACC Cannabis Company Limited in the amount of 800,000 shares at a price of 2.50 baht per share, representing 2 million baht to 1 unrelated person and the company has already received the full payment of shares on November 1, 2021.
• The resolution of the Company's Executive Board Meeting No. 9/2021 held on May 20, 2021 resolved to approve the establishment of ACC Utilities Company Limited with a registered capital of 1.00 million baht (100,000 ordinary shares at a par value of 10 baht per share). The company was established on June 1, 2021, with ACC Infra Co., Ltd. (subsidiary) holding 50,998 shares, representing 51% of the total shares. The subsidiary paid for such shares in the amount of 509,980 baht (at the rate of 51 percent of the registered capital) on June 8, 2021.
• The Company's Executive Board Meeting No. 15/2021 held on August 26, 2021 resolved to approve the establishment of Hi Innovation Technology Company Limited with a registered capital of 4.00 million baht (400,000 ordinary shares at a par value of 10 baht per share). The company was established on September 8, 2021 by ACC Capital Asset Management Co., Ltd. (subsidiary) holding 239,998 shares, representing 60 percent of the total shares and the subsidiary paid for such shares in the amount of 599,995 baht (at the rate of 25 percent of the registered capital) on September 17, 2021.
• The resolution of the Company's Executive Board Meeting No. 15/2021 held on August 26, 2021 resolved to approve the establishment of Hi Cannabiz Crop Company Limited with a registered capital of 4 million baht (400,000 ordinary shares at 10 baht per share). The company was established on September 8, 2021, with ACC Cannabis Co., Ltd. (subsidiary) holding 239,998 shares, representing 60 percent of the total shares. The subsidiary paid for such shares in the amount of 599,995 baht (at the rate of 25 percent of the registered capital) on September 17, 2021.
Year 2022
• On February 25, 2022, ACC Global Trade Co., Ltd. was established with a registered capital of 100 million baht (10,000,000 ordinary shares at a par value of 10 baht per share) in which the company holds 7,982,994 shares, representing 80 percent of all shares. The Company has already paid for the shares in the amount of 80 million baht
• On August 2, 2022, the company registered ACC Asset Management Co., Ltd. Registered capital is 25 million baht (2,500,000 ordinary shares, 10 baht per share) in which ACC Capital Co., Ltd. (subsidiary) holds 2,499,997 shares, representing 100 percent of all shares and its subsidiary has already made full payment for shares in the amount of 25 million baht.
Annual Report 2024 (Form 56-1 One Report) Advanced Connection Corporation Public Company Limited
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