Re : The resolutions of the Extraordinary General Shareholders Meeting No. 1/2565
Dear Sir,
Multibax Public Company Limited would like to inform the resolutions of the Extraordinary General Shareholders Meeting No. 1/2565 held on August 16, 2022 as follows:
1. The Meeting resolved to approve the Minutes of the 2022 Annual General Meeting of the Shareholders.
With the following voting result;
Approve
79,871,666
votes, to be
100.00
%
Disapprove
-
votes, to be
-
%
Abstain
-
votes, to be
-
%
Voided ballot
-
votes, to be
-
%
2. The Meeting resolved to approve the issuance of the Warrants to buy the Company's Ordinary Shares No. 2 of not exceed 63,965,047 units and allocate by free of charge to the Company's existing shareholders at the ratio of 3 ordinary shares per 1 unit of Warrant, in case there is a fragment of 1 unit of Warrant the fragment shall be truncated, exercise ratio to buy ordinary shares 1 unit of Warrant per 1 ordinary share, with the exercise price to buy the ordinary share at Baht 3.00 per share, validity of the Warrants 2 years from the issuing date, the other details of the Warrants as per the Primary Information on the Warrants to Buy the Company's Ordinary Shares No. 2 which was submitted to the Shareholders, and to set up a list of shareholders who are entitled to be allocated the Warrants to Buy the Company's Ordinary Shares No. 2 (Record Date) on 25 August 2022 and to authorize the Executive Committee or the Executive Committee's authorized person to have the power to stipulate the details and conditions of the Warrants to buy the Company's Ordinary Shares No. 2 including the power to contact, negotiate, prepare or deliver of any documents and to carrying out various actions necessary and reasonable dealing with the issuance of the Warrants to buy the Company's Ordinary Shares No. 2 in all respects.
With the following voting result;
Approve
79,872,966
votes, to be
100.00
%
Disapprove
-
votes, to be
-
%
Abstain
-
votes, to be
-
%
Voided ballot
-
votes, to be
-
%
3. The Meeting resolved to approve to increase the Company's registered capital by Baht 63,965,047 by issuing new 63,965,047 ordinary shares with a par value of Baht 1.00 each to be totaling of the registered capital Baht 255,860,188 and to amend Clause 4 of the Memorandum of Association to be the following;
Clause 4
Registered Capital
255,860,188.00
Baht
(Baht Two Hundred Fifty Five Million
Eight Hundred Sixty Thousand One
Hundred Eighty Eight only)
Divided to be
255,860,188
Shares
(Two Hundred Fifty Five Million Eight
Hundred Sixty Thousand One
Hundred Eighty Eight Shares)
Share par value
1.00
Baht
(Baht One)
Categorized to be
Ordinary shares
255,860,188
Shares
(Two Hundred Fifty Five Million Eight
Hundred Sixty Thousand One
Hundred Eighty Eight Shares)
Preferred shares
-Nil-
With the following voting result;
Approve
110,873,203
votes, to be
100.00
%
Disapprove
-
votes, to be
-
%
Abstain
-
votes, to be
-
%
Voided ballot
-
votes, to be
-
%
4. The Meeting resolved to approve the allocation of the 63,965,047 new capital increased ordinary shares, of the share par value of Baht 1.00 each, to support the exercise of the Warrants to buy the Company's Ordinary Shares No. 2 and to authorize the Executive Committee or the Executive Committee's authorized person to have the power to contact, prepare or deliver of any documents and to carrying out various actions necessary and reasonable dealing with the allocation of capital increased shares in all respects.
With the following voting result;
Approve
110,873,203
votes, to be
100.00
%
Disapprove
-
votes, to be
-
%
Abstain
-
votes, to be
-
%
Voided ballot
-
votes, to be
-
%
Yours faithfully,
Mr. Surachai Atsawakaewmongkhon
Managing Director
The Company Authorized Coordinator
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Multibax pcl published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 00:03:06 UTC.
Multibax Public Company Limited is a Thailand-based manufacturer and distributor for polymer bags. The Company produces packaging bags, which can contain fresh foods, such as meat, vegetables, fruits and cooked foods, as well as a range of versatile bags according to the needs of domestic and international customers. The Company provides food bag products, which include ordinary food bags with wire-strapping bags, sandwich bags, built-in zippered food bags, and food bag types with a slider to open and close the bag; and garbage bag products, which include stringed garbage bags, handle type garbage bags, garbage bag types with ends for a four-sided tie, flat mouth square garbage bags, broken plastic bags, and dog dropping bags. The Company produces bioplastic bags and eco-friendly plastic bags. It operates in various markets, including North American countries, European Union countries, Australia, countries in the Middle East, South Africa, and other continents.
MULTIBAX 
