Change - Change in Corporate Information::Incorporation of Direct Wholly-Owned Subsidiary - D2C Services Co., Ltd.
THAI BEVERAGE PUBLIC CO LTD
Change - Change in Corporate Information
Date &Time of Broadcast
Announcement Sub Title
Incorporation of Direct Wholly-Owned Subsidiary - D2C Services Co., Ltd.
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
We, Thai Beverage Public Company Limited ("THBEV"), would like to announce that THBEV has incorporated a new wholly-owned subsidiary, D2C Services Co., Ltd. ("D2C Services"), in Thailand. THBEV holds 99.9998% in D2C Services while two shareholders hold one share each.
D2C Services has a registered capital of Baht 10,000,000 consisting of 1,000,000 ordinary shares with a par value of Baht 10. D2C Services will be principally engaged in selling consumer products via a digital platform.
The aforesaid investment was funded through internally generated funds and is not expected to have any material impact on the earnings per share and net tangible assets of THBEV for this financial year.
To the best knowledge of the directors of THBEV (the "Directors"), neither the Directors nor substantial shareholders of THBEV have any direct or indirect interest (other than through their respective shareholdings in THBEV), in the aforesaid transaction.
Please be informed accordingly.
Place Of Incorporation
D2C Services Co., Ltd.