Leo Global Logistics Public : Information Memorandum of LEO-W1
August 05, 2022 at 02:41 am
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The percentage of dividends paid to shareholders is calculated by taking the actual dividends paid from the operating results of each accounting period and from retained earnings divided by net profit according to the Company's separate financial statements after income tax of the operating results of the same accounting period where the actual dividend paid out shall include interim dividends paid in each such accounting period.
In the event of any event which causes the warrant holders to lose their rights and benefits or which inferior to any benefits that the warrant holders will receive when exercising their rights under the warrants where any event that is not specified in clauses (1) - (5), the Company will consider or the Company may appoint a financial advisor of the Company to jointly consider and determine the change in the exercise price and/or the new exercise ratio. (or adjusting the number of warrant units instead of the exercise ratio) fairly without causing the rights of the warrant holders to be inferior
In the event that the change in the exercise price causes the new exercise price to be lower than the par value of the Company's ordinary shares, the Company will determine the par value of the Company's ordinary shares as the new exercise price.
In adjusting the exercise price and/or the exercise ratio as mentioned above, the Company shall notify the Office of the SEC within 15 days of the occurrence of such events. The notification made to the Office of the SEC shall contain the outcome of the adjustment, the methods of calculation, and reasons for the adjustment, the new Exercise Price, the new Exercise Ratio and the date of the adjustment. The Company will inform the details of the change in the exercise price and/or the exercise ratio through the Stock Exchange of Thailand electronic information distribution system immediately or at least within 9.00 a.m. on the effective date of the exercise price and exercise ratio.
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Leo Global Logistics pcl published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 01:40:03 UTC.
Leo Global Logistics Public Company Limited is a Thailand-based company. The Company's principal business operations are integrated logistic service provider. It offers services in sea freight, air freight, project and cargo, cross border transport, multi-modal transport, warehouse and distribution management, self-storage and e-fulfillment center, and other services. It provides services for Full Container Load (FCL) and Less than Container Load (LCL), covering ports in approximately 350 cities in 190 countries. It offers trucking services to neighboring countries, such as Myanmar, Laos, Malaysia, Singapore and Cambodia. It provides global multi-modal transport (sea, air and land) suited for cargoes of large bulk and heavy weight, or those whose destination cannot be reached by air or sea. It offers comprehensive warehouse management via WMS system, stock monitoring, including product distribution and milk run delivery services. Its subsidiary is YJC Thailand Co., Ltd.
LEO GLOBAL LOGISTICS 
