Grande Asset Hotels and Property Public : New shares of GRAND to be traded on June 17, 2022
June 16, 2022 at 07:13 am IST
Share
Headline:
New shares of GRAND to be traded on June 17, 2022
Security Symbol:
GRAND, SET
Announcement Details
Additional listed securities
Subject
Additional listed shares
Company name
GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY
LIMITED (GRAND)
Old capital (baht)
4,491,267,083.50
- Common stock (Unit: shares)
8,982,534,167
Number of additional shares
- Common stock (Unit: shares)
101,010,100
New capital (baht)
4,541,772,133.50
- Common stock (Unit: shares)
9,083,544,267
Par value (baht per share)
0.50
Allocated for
Advance Opportunities Fund exercise its convertible
debentures 10,000 units to 50,505,050 common shares.
Ratio (Convertible security : share)
1 : 5,050.505
Conversion ratio (baht per share)
0.198
Conversion date
09-Jun-2022
Allocated for
Advance Opportunities Fund I exercise its convertible
debentures 10,000 units to 50,505,050 common shares.
Ratio (Convertible security : share)
1 : 5,050.505
Conversion ratio (baht per share)
0.198
Conversion date
10-Jun-2022
Trading date
17-Jun-2022
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Disclaimer
Grande Asset Hotels and Property pcl published this content on 16 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 01:42:08 UTC.
Grande Asset Hotels and Property Public Company Limited is a Thailand-based company. The Company is engaged in hotel, property development and rental businesses. The Company is focused on the investment in internationally and globally managed brand of four to five-star hotels such as Marriott International, and Hyatt International Corporation. Its property development business is focused on short-term return on investment and chooses to develop the properties that are located in prime locations, with close proximity to the convenient mass rapid transportations. In addition, the Company also invested in beachfront condominium and housing projects such as the Hua Hin Blue Lagoon Resort in Cha-am, which is a luxurious high-end residential property. The Company's portfolio includes The Westin Grande Sukhumvit, Royal Orchid Sheraton Hotel & Towers, Sheraton Hua Hin Resort & Spa Hotel, Sheraton Hua Hin Pranburi Villas, Hyde Sukhumvit 11 Condominium and various others.