Origin Property : The Establishment of New Subsidiaries
August 15, 2022 at 02:04 pm
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Origin Property Public Company Limited
496 Moo 9 Samrong Nuea, Mueang Samut Prakan
Samut Prakan 10270
No. ORI 14/2565
15 August 2022
Subject
The Establishment of New Subsidiaries
To
Director and manager
The Stock Exchange of Thailand
Origin Property Public Company Limited ("the Company" or "ORI") would like to inform that; the
Company has established the new registered subsidiaries with the following details:
1. Name
One Hampton Phayathai Company Limited
Registration
17 May 2022
Type of Business
Real estate business services
Registered Capital
5,000,000 Baht (five million baht)
Consisted of 500,000 ordinary shares (five hundred thousand
shares)
With a par value of 10 Baht (ten baht) each
Shareholding*
99.99% held by One Origin Company Limited ("ONE") (ONE is
the Company's subsidiary which 100% of shares are directly and
indirectly owned by Company)
Source of Fund
The Company's working capital
2. Name
Origin Play Bangkhunnon Company Limited
Registration
14 June 2022
Type of Business
Real estate development
Registered Capital
1,000,000 Baht (one million baht)
Consisted of 100,000 ordinary shares (one hundred thousand
shares)
With a par value of 10 Baht (ten baht) each
Shareholding*
99.99% held by Origin Condominium Company Limited ("ORC")
(ORC is the Company's subsidiary which 100% of shares are
directly and indirectly owned by Company)
Source of Fund
The Company's working capital
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Origin Property Public Company Limited
496 Moo 9 Samrong Nuea, Mueang Samut Prakan
Samut Prakan 10270
3. Name
One Hampton Thonglor Company Limited
Registration
23 June 2022
Type of Business
Real estate business services
Registered Capital
5,000,000 Baht (five million baht)
Consisted of 500,000 ordinary shares (five hundred thousand
shares)
With a par value of 10 Baht (ten baht) each
Shareholding*
99.99% held by One Origin Company Limited ("ONE") (ONE is
the Company's subsidiary which 100% of shares are directly and
indirectly owned by Company)
Source of Fund
The Company's working capital
All the transactions above are not the connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor.21/2551 (including additional revisions) and the Notification of the Board of Governors of the Stock Exchange of Thailand re: Disclosure of Information and Other Acts of Listed Companies in Respect of Connected Transaction B.E.2546 (including additional revisions). In addition, the calculated transaction size does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No. TorJor.20/2551 (including additional revisions) and the announcement of the Stock Exchange of Thailand, subject: Disclosure of information and operations of listed companies in connected transactions B.E. 2547 (including additional revisions).
Please be informed accordingly.
Yours sincerely,
(Mr. Peerapong Jaroon-ek)
Director and Chief Executive Officer
Authorized person to report information
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Origin Property 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 13:02:47 UTC.
Origin Property Public Company Limited is a Thailand-based company engaged in the property development business. The Company and its subsidiaries are engaged in property development and investing in other companies. The Company's segments include Condominium projects, Housing estate projects, Hotels and buildings for rent, and Other business. Its projects include So Origin Kaset Interchange, Origin Place Ramkhamhaeng 153, Knightsbridge Samutprakan City, Park Origin Phayathai, KnightsBridge Prime-Onnut, Knightsbridge Collage Sukhumvit 107, Brompton Pet Friendly Sukhumvit 107, SOHO Bangkok Ratchada, The Origin E22 Station, Park Origin Chula Samyan, and The Origin Ramintra 83 Station, among others. The Company's subsidiaries include One Origin Public Company Limited, Origin Condominium Company Limited, Britania Public Company Limited, Origin Grand Company Limited, and Park Luxury Company Limited, among others.