Millcon Steel Public : Schedule of AGM 2022, stock dividend, issuance of warrant ESOP-W, capital increase (Add template)
March 16, 2022 at 02:18 am
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16 Mar 2022 08:59:25
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Schedule of AGM 2022, stock dividend, issuance of warrant ESOP-W, capital increase (Add template)
Symbol
MILL
Source
MILL
Full Detailed News
Schedule of Shareholders' meeting
Subject : Schedule of Annual General Meeting of
Shareholders
Date of Board resolution : 15-Mar-2022
Shareholder's meeting date : 28-Apr-2022
Beginning time of meeting (h:mm) : 14 : 00
Record date for the right to attend the : 30-Mar-2022
meeting
Ex-meeting date : 29-Mar-2022
Significant agenda item (Update) :
- Capital increase
- Cash and stock dividend payment
- The issuance of convertible securities
Venue of the meeting : Via on Electronics (E-AGM) at 02:00
p.m. at 29 floor Thaniya Plaza building Silom road, Suriyawonse, Bangrak Bangkok
10500
______________________________________________________________________
Increasing Capital
Subject : Specifying the purpose of utilizing
proceeds
Date of Board resolution : 15-Mar-2022
Number of additional common shares : 744,870,033
(shares)
Total of additional shares (shares) : 744,870,033
Par value (baht per share) : 0.40
Type of allocated securities : Common shares
Allocated to : Employee Stock Option Program (ESOP)
Number of allotted shares (shares) : 230,000,000
Subscription price (baht per share) : 0.00
(Update)
Allocated to : Reserved shares for the right
adjustment of convertible securities
Number of allotted shares (shares) : 51,896,437
(New)
Allocated to : Reserved shares for stock dividend
Number of allotted shares (shares) : 462,973,596
______________________________________________________________________
Increasing Capital
Subject : Issuance of Additional Shares Under
a General Mandate
Date of Board resolution : 15-Mar-2022
Number of additional common shares : 1,387,000,000
(shares)
Total of additional shares (shares) : 1,387,000,000
Par value (baht per share) : 0.40
Type of allocated securities : Common shares
Allocated to : Other
Allocation Details (Update) : the allocation of the newly issued
ordinary shares under the general mandate It may be an offering to the existing
shareholders (Right Offering: RO) and/or a private placement (PP) in case PP the
total amount not exceeding 462,000,000 shares
Number of allotted shares (shares) : 1,387,000,000
% of Paid-Up capital as of capital : 29.96
increase BOD resolution date
______________________________________________________________________
Dividend payment / Omitted dividend payment
Subject : Cash and stock dividend payment
Date of Board resolution : 15-Mar-2022
Type of dividend payment : Cash and stock dividend payment
Record date for the right to receive : 10-May-2022
dividends
Ex-dividend date : 09-May-2022
Payment for : Common shareholders
Ratio of stock dividend payment : 10.00 : 1.00
(Existing share : stock dividend)
Stock dividend payment rate (baht per : 0.04
share)
Stock dividend payment rate calculated from :
Par value
Cash dividend payment (baht per share) : 0.01
Total dividend payment (baht per share) : 0.05
Par value (baht) : 0.40
Payment date : 27-May-2022
Paid from : Retained Earnings
______________________________________________________________________
Issued Convertible Securities
Date of Board resolution : 16-Mar-2022
Type of allocated securities : Warrants
Allocate to : Employee Stock Option Program (ESOP)
Number of allotted warrants (units) : 230,000,000
Reserved shares for the exercise of : Common shares
warrants
Number of additional shares (shares) : 230,000,000
Offering price (baht per unit) : 0.00
Description of warrants
Warrant Symbol : ESOP-W
Name of warrant :
Warrants to Purchase the Ordinary shares of Millcon Steel Public Company Limited
to the directors and executives/employees of the Company and/or its
subsidiaries (ESOP-W)
Exercise ratio (warrant : share) : 1.00 : 1.00
Exercise price (baht per share) : 0.80
Term of warrants :
3 years from the date of issue and offer for sale
Remark :
Allocate to Director and employees amount 230,000,000 units
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only. The Stock Exchange of Thailand has no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases. In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.
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Millcon Steel pcl published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 02:17:09 UTC.
Millcon Steel Public Company Limited is a Thailand-based company engaged in manufacturing and trading of steel products. The Company manufactures and supplies products, including concrete steel bars, such as round bars and deformed bars used in construction industry; high tensile thread steel bars used in construction of high tension work; rolled steels, and structural steel products, including hot-rolled coils (HRC), cutting products and steel fabrication, such as slitting coils, steel sheets, flat plates, lip channel steel sheets and steel pipes used in construction, furniture and spare parts of automotive industries. Its subsidiaries include Millcon Burapa Co., Ltd., which is engaged in the businesses of manufacture and distribution of billet; Millcon Steel Pipe Co., Ltd., which is engaged in the production and distribution of steel products, and Suntech Recycle & Decarbon Co., Ltd., which is engaged in the business of production of scrap and trading steel products.