Events After the Reporting Period Sample Clauses

Events After the Reporting Period. Events after the Balance Sheet date are those events, both favourable and unfavourable, that occur between the end of the reporting period and the date when the Statement of Accounts is authorised for issue. Two types of events can be identified: • Those that provide evidence of conditions that existed at the end of the reporting period - the Statement of Accounts is adjusted to reflect such events. • Those that are indicative of conditions that arose after the reporting period - the Statement of Accounts is not adjusted to reflect such events, but where a category of events would have a material effect, disclosure is made in the notes of the nature of the events and their estimated financial effect. Events taking place after the date of authorisation for issue are not reflected in the Statement of Accounts.
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Events After the Reporting Period. 19.1 On April 9, 2021, the Company entered into share purchase agreement with a group of existing shareholders of DN Broadcast Company Limited (“DN”) by purchasing all 50 million ordinary shares or 100% of all shares in such company at the total amount of Baht 5 million and accepted the transfer of claims to receive the loan repayment and the interest from accounts payable of such company at the total amount of Baht 2,382 million. The Company had to pay the compensation in accepting the transfer of such claims at the amount approximately of Baht 1,055 million to accounts payable of such company. The total value of investment was about Baht 1,060 million and received the shares from the existing shareholders of DN as well as the loan and interest repayment claims from the creditors of DN. As such, DN has become a subsidiary of the Company.
Events After the Reporting Period. For the Company On February 27, 2023, the Board of Company’s Director’s Meeting passed a resolution to propose to the Annual General Meeting of shareholders for the year 2023 to adopt a resolution to pay dividend of Baht 0.055 per share, or a total of Baht 746.68 million, to the shareholders in respect of profit for the year 2022. The dividend will be paid after it is approved by the Annual General Meeting of Company’s shareholders. For the subsidiary - Beauty Design Center Co., Ltd. According to the resolution of the Board of Directors' meeting held on November 23, 2022, passed a resolution to approve the increase of the subsidiary's registered capital to a shareholder in the amount of 300,000 shares at a Baht 5.00 per share, Therefore, the proportion of the above shareholders increased to 7.50% of the registered capital On January 4, 2023, so, the Company has shareholding ratio decreased from 49.72% to 46.25%. For the subsidiary - V.precision Co., ltd. According to the resolution of the Board of Directors' meeting of the subsidiary No. 1/2023 held on February 27, 2023, it has a resolution to approve the interim dividend payment at the rate of Baht 20.00 per share, totaling Baht 10.00 million, this dividend will be paid within March 10, 2022.
Events After the Reporting Period. According to the Directors’ Meeting No. 2/2020 dated April 9, 2020, it had a resolution to approve the loan from the financial institution amounted Baht 250 million. On August 6, 2020, the Company has signed in the long-term loan agreement from the financial institution with the objective to assist the operators impacted from the pandemic of COVID-19 amounted Baht 100 million, charged interest rate THBFIX plus interest rate of 2.56% per annum. The repayment is due within 60 months. The first instalment is started on the 13th month after withdrawn the first loan instalment.
Events After the Reporting Period. 30.1 On July 7, 2022, the Company has offered and issued the newly convertible debentures pursuant to the Convertible Debentures Agreement “Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No.9/2022, due in 2025, unsubordinated and unsecured” for this time in the amount of Baht 20 million to AO Fund and the said convertible debentures will mature on April 21, 2025 unless conversion rights are exercised before the maturity date.
Events After the Reporting Period. 24.1 On July 1, 2021 the Company entered into share purchase agreement with existing shareholders of MN Beverage Company Limited by acquiring 557,600 ordinary shares or 60 percent of the total shares of such company at the total amount of Baht 76.5 million. As a result, MN Beverage Company Limited becomes a subsidiary of the Company.
Events After the Reporting Period. At the Extraordinary General Meeting of Shareholders No. 1/2564 of Thanasub Asset Management Co., Ltd. held on March 16, 2021 has resolved a special resolution to decrease the authorized capital for the amount of Baht 33.00 million from the former authorized capital of Baht 45.00 million to Baht 12.00 million by reducing the number of shares for 3.30 million shares at the par value of Baht 10.00 per share. After a reduction of the authorized capital, the Company still hold shares of subsidiary company for 1.20 million shares at the per value of Baht 10.00 per share or 99.99% proportionately of authorized capital and has already registered with the Department of Business Development, Ministry of Commerce on April 28, 2021.
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Events After the Reporting Period. The shareholder’s meeting on April 27, 2022 the meeting had a resolution to approve paying the dividend in cash of Baht 0.080 per share, total amount 1.25 million share in total amount Baht 99.62 million and paid the dividend on May 17, 2022.
Events After the Reporting Period. 21.1 On April 23, 2021, the Ordinary Shareholders’ Meeting had resolutions to approve the dividend payment from net profit for the year 2020 ended December 31, 2020 in cash at Baht 0.03 per share for 980,000,000 shares, totaled Baht 29,400,000 and scheduled to pay on May 24, 2021 and to approve the issue and offer debentures at the limit not over Baht 5,000 million.
Events After the Reporting Period. 30.1 On October 20, 2022, the Company issued the debentures No.3/2022 in the amount of Baht 400 million at the fixed interest rate 7 percent per year with a term of 2 years. Interest is paid every 3 months. The principal is scheduled to be paid upon redemption of the debentures in full. Such debentures are unsubordinated and unitholder specified with no guarantee and has debentures holder representative. The offering is for institutional investors or high net worth investors. The proceeds were used to repayment the matured debentures.
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