HEALTH EMPIRE CORPORATION -Translation-
No. HEMP-039/2565
August 15, 2022 | |
Subject | Notification of the Resolutions of the Board of Directors' Meeting No. 6/2022 regarding the disposal |
of assets. | |
To: | Director and Manager |
The Stock Exchange of Thailand |
Health Empire Corporation Public Company Limited (the "Company") hereby informs the resolutions of the Board of Directors Meeting No. 6/2022 held on August 15, 2022, at 2.30 pm. through the electronic means (ZOOM Meeting) to the Stock Exchange of Thailand (the "SET") as follows:
1. Approving the sale of all ordinary shares of Slim Wellness Asia Company Limited ("SWA"), an associated company, for a total of 25%.
transaction details are as follows
1) Date, month, year of the transaction
- On August 15, 2022, the Board of Directors approved the sale of a 25% investment in all ordinary shares of Slim Wellness Asia Company Limited ("SWA"), an associated company.
2) Type and nature of the transaction
- Health Empire Corporation Public Company Limited ("HEMP") will sell 25% of its investment in Slim Wellness Asia Company Limited ("SWA"), or 100,000 shares, at a price of 25 baht per share, for a total of 2,500,000 baht, Selling at a mutually agreed price due to SWA having a loss in excess of capital.
3) Parties involved and their relationship with the listed company
Seller | : Health Empire Corporation Public Company Limited ("HEMP") |
Buyer | : Ms. Chananrat Pukraksa |
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เลขที่51 อาคารเมเจอร์ ทาวเวอร์ พระราม9 - รามค าแหง ชั้นที่20 ห้องเลขที่OFFICE 2 ถนนพระราม 9 แขวงหัวหมาก เขตบางกะปิ กร ุงเทพมหานคร10240
51 MAJOR TOWER RAMA 9 - RAMKUMHANG FL. 20, OFFICE 2, RAMA 9 RD, HUAMAK, BANGKAPI, BANGKOK 10240
Relationship with the Company : The purchaser has no related relationship with a connected person.
According to the Securities and Exchange Commission's Notification No. Tor Jor. 21/2551 Re: Rules for Connected Transactions and the Stock Exchange of Thailand's Notification of the Board of Directors Re: Disclosure of information and practices of listed companies on the list 2546, as well as other related announcements.
4) Details of disposed assets
company name | Slim Wellness Asia Co., Ltd. ("SWA"), an associated company. | |
disposed assets | Investment in common stock 25% | |
location | 51 Major Tower RAMA 9 - Ramkumhang FL. 20, Office 2, RAMA 9 | |
RD., Huamark Sub-District, Bangkapi District, Bangkok 10240 | ||
Corporate registration number | 0105564057456 | |
Company registration date | March 31, 2021. | |
registered capital | 40,000,000 baht | |
business type | Running a beauty service business and selling beauty products | |
director | 1. | Ms. Chananrat Pukraksa |
2. | Mr. Sittichai Gasornsombat | |
3. | Ms. Pran Prachmetheekul | |
4. | Ms. Punnapha Techarojkul | |
Director's power | Two directors jointly sign | |
shareholding structure Before and after the sale of a total of 65% in ordinary shares of Slim Wellness Asia Co., Ltd. ("SWA"), an associated company.
before the transaction | after the transaction | ||||||
No. | shareholder | ||||||
Shares | percent | Shares | percent | ||||
1. | Health Empire Corporation Public Company Limited | 100,000 | 25.00 | - | - | ||
("HEMP") | |||||||
3. | Ms. Pran Prachmetheekul | 160,000 | 40.00 | 160,000 | 40.00 | ||
4. | Ms. Touchchakon Saenvian | 36,000 | 9.00 | 36,000 | 9.00 | ||
5. | Ms. Chananrat Pukraksa | 104,000 | 26.00 | 204,000 | 51.00 | ||
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เลขที่51 อาคารเมเจอร์ ทาวเวอร์ พระราม9 - รามค าแหง ชั้นที่20 ห้องเลขที่OFFICE 2 ถนนพระราม 9 แขวงหัวหมาก เขตบางกะปิ กร ุงเทพมหานคร10240
51 MAJOR TOWER RAMA 9 - RAMKUMHANG FL. 20, OFFICE 2, RAMA 9 RD, HUAMAK, BANGKAPI, BANGKOK 10240
before the transaction | after the transaction | ||||||||||||
No. | shareholder | ||||||||||||
Shares | percent | Shares | percent | ||||||||||
total | 400,000 | 100.00 | 400,000 | 100.00 | |||||||||
*No change in director structure | |||||||||||||
Size of the Disposal of Assets Transaction | |||||||||||||
Financial Information -GSC | HEMP | SWA | |||||||||||
June 30, 2022 | June 30, 2022 | ||||||||||||
Total Assets | 1,269,420,871 | 147,920,863 | |||||||||||
Deduct: Intangible assets | 785,270 | 1,238,177 | |||||||||||
Deduct : Total liabilities | 61,566,559 | 178,649,180 | |||||||||||
Deduct : Non-controlling interests | 1,071,698,770 | - | |||||||||||
Net tangible assets (NTA) | 710,458 | 974 | |||||||||||
Profit (Loss) Net | |||||||||||||
134,659,814 | (31,967,468.00) | ||||||||||||
Calculation of the transaction size according to the announcement of acquisition or disposition according to all 4 calculations
Calculation Method | Calculation | Transaction | |
size | |||
1. | Net tangible assets (NTA) | Shareholding proportion (increase/decrease) 25% x NTA of the company transactionx100 | N/A |
Net Assets Value of the Company 134,659,814 | |||
2. | Net Profit | Shareholding proportion (increase / decrease) x Net Profit of the Company Transaction x 100 | N/A |
Company's net profit | |||
3. | Total value of | Total value of paid 2,500,000 x 100 | 0.20 |
consideration | Total assets of the Company 1,269,420,871 | ||
4. | Securities | Number of shares issued to pay for assets x 100 | N/A |
value criteria | Number of issued and paid-up shares of the company | ||
Maximum calculation criteria is Calculation based on total value of consideration paid or received | 0.20 | ||
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เลขที่51 อาคารเมเจอร์ ทาวเวอร์ พระราม9 - รามค าแหง ชั้นที่20 ห้องเลขที่OFFICE 2 ถนนพระราม 9 แขวงหัวหมาก เขตบางกะปิ กร ุงเทพมหานคร10240
51 MAJOR TOWER RAMA 9 - RAMKUMHANG FL. 20, OFFICE 2, RAMA 9 RD, HUAMAK, BANGKAPI, BANGKOK 10240
However, according to the Notification of the Capital Market Supervisory Board No. Tor Jor., which is considered an acquisition or disposition of assets and the announcement of the Board of Governors of the Stock Exchange of Thailand, entering into the aforementioned transaction is not considered a connected transaction but is classified as the disposal of assets of the company, Re: Disclosure of Information and Acts of Listed Companies Concerning the Acquisition or Disposition of Assets B.E. 2547 and its amendments (collectively the "Notice of Acquisition or Disposition"). When calculating the transaction size on the basis of the total value of consideration equal to 0.20%, the highest transaction value based on the Company's consolidated financial statements is used. The time period ended on June 30, 2022. (for the disposal of assets of the Company in the past 6 months, including in Clause 2)
2. Approving the sale of 65% of the investment in all ordinary shares of Medical Empire Company Limited ("MDE"), a subsidiary.
transaction details are as follows
1) Date, month, year of the transaction
- On August 15, 2022, the Board of Directors approved the sale of 65% of the investment in all ordinary shares of Medical Empire Company Limited ("MDE"), a subsidiary.
2. Type and nature of the transaction
- Health Empire Corporation Public Company Limited ("HEMP") will sell its investment in all ordinary shares of Medical Empire Company Limited ("MDE") in which it owns 65% or 100,000 shares, for a total issuance of 3,000,000 baht (sell at a mutually agreed price due to MDE having a loss)
3) Parties involved and their relationship with the listed company
Seller | : Health Empire Corporation Public Company Limited ("HEMP") |
Buyer | : Mr. Kridaphong Jiyasak |
Relationship with the Company | : The buyer has no related relationship with anyone who is considered |
a connected person. According to the Securities and Capital Market Supervisory Board's announcement No. Tor Jor. 21/2551 Re: Rules for Connected Transactions and Notification of the Board of Governors of the Thai Stock Exchange, Subject Disclosure of information and practices of listed companies on list 2546, as well as other related announcements.
4
เลขที่51 อาคารเมเจอร์ ทาวเวอร์ พระราม9 - รามค าแหง ชั้นที่20 ห้องเลขที่OFFICE 2 ถนนพระราม 9 แขวงหัวหมาก เขตบางกะปิ กร ุงเทพมหานคร10240
51 MAJOR TOWER RAMA 9 - RAMKUMHANG FL. 20, OFFICE 2, RAMA 9 RD, HUAMAK, BANGKAPI, BANGKOK 10240
4) Details of disposed assets
company name | Medical Empire Co., Ltd. ("MDE"), a subsidiary. | |
disposed assets | Investment in common stock 65% | |
location | 19 Soi Ramkhamhaeng 22 (Jittanukroh), Ramkhamhaeng Rd., | |
Huamark Sub-District, Bangkapi District, Bangkok 10240 | ||
Corporate registration number | 0105564129210 | |
Company registration date | August 31, 2021. | |
registered capital | 10,000,000 baht | |
business type | Operates a Thai traditional medical clinic business Alternative | |
Medicine Wellness & Spa | ||
director | 1. | Mr. Sittichai Gasornsombat |
2. | Mr. Samart Chuasiriphattana | |
3. | Mr. Kridaphong Jiyasak | |
Director's power | Two directors jointly sign and affix the Company's seal. | |
shareholding structure Before and after the sale of a total of 65% in ordinary shares of Medical Empire Co., Ltd. ("MDE"), a subsidiary.
before the transaction | after the transaction | ||||||||
No. | shareholder | ||||||||
Shares | percent | Shares | percent | ||||||
1. | Health Empire Corporation Public Company Limited | 64,998 | 64.99 | - | - | ||||
("HEMP") | |||||||||
2. | Doctor Seven Company Limited | 34,999 | 34.99 | 34,999 | 34.99 | ||||
3. | Mr. Sittichai Gasornsombat | 1 | 0.00 | - | - | ||||
4. | Mr. Samart Chuasiriphattana | 1 | 0.00 | - | - | ||||
5. | Mr. Kridaphong Jiyasak | 1 | 0.00 | 65,001 | 66.00 | ||||
total | 100,000 | 100.00 | 100,000 | 100.00 | |||||
Director structure Before and after the sale of a total of 65% in ordinary shares of Medical Empire Co., Ltd. ("MDE"), a subsidiary.
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เลขที่51 อาคารเมเจอร์ ทาวเวอร์ พระราม9 - รามค าแหง ชั้นที่20 ห้องเลขที่OFFICE 2 ถนนพระราม 9 แขวงหัวหมาก เขตบางกะปิ กร ุงเทพมหานคร10240
51 MAJOR TOWER RAMA 9 - RAMKUMHANG FL. 20, OFFICE 2, RAMA 9 RD, HUAMAK, BANGKAPI, BANGKOK 10240
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Health Empire Corporation pcl published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 15:53:08 UTC.
