79,690,000 Common Shares of KCG Corporation Public Company Limited are subject to a Lock-Up Agreement Ending on 3-FEB-2024.
February 03, 2024
Share
79,690,000 Common Shares of KCG Corporation Public Company Limited are subject to a Lock-Up Agreement Ending on 3-FEB-2024. These Common Shares will be under lockup for 185 days starting from 2-AUG-2023 to 3-FEB-2024.
Details:
299,750,000 shares or 55.0% of the fully paid-up capital of the Company for the period of 1 year from the first trading day. Upon the expire of 6-month period of prescribed time, the shareholders will be allowed to sell 74,937,500 shares or 25% of the silent shares and, the remaining shares, totaling 224,812,500 shares, can be sold after 1 year
In addition, the existing shareholders of the Company (except Vijai Vipawatanakul2) have entered into an agreement with lead underwriter to limit their rights to the remaining shares, totaling 79,690,000 shares, representing 14.6% of the total issued and fully paid-up shares of the Company after the Offering. They have agreed to restrict themselves from pledging, encumbering, exchanging, selling, or transferring by any means any of the shares that are subject to transfer restrictions, which they currently hold, to any other person within a period of 180 days from the date the Company's shares commence trading on the stock market.
KCG Corporation Public Company Limited is a Thailand-based company, which offers dairy products gourmet products. The Companyâs dairy products include butter and cheese. It manages distribution channels for products in the modern trade group, general stores, restaurants, hotels (food service) and industrial factories. The Companyâs non-dairy products are produces and distributes as per the international quality standards for trade in general stores, restaurants, hotels (food service) and industrial factories. It also offers biscuit products under the brand, Imperial, and others, as well as manages distribution channels for products in the group, modern trade and general stores. The Companyâs other products include cooking related products and bakery, and biscuits, crackers, wafers and jelly products.