Company’s
History
May
June
October
January
Shareholder | Before Transaction | After Transaction | ||
---|---|---|---|---|
Number of Share | % | Number of Share | % | |
Singha Estate Plc. | 711,855,320 | 51.56 | - | - |
Mrs. Wattana Somwattana | 132,441,314 | 9.59 | 560,080,515 | 40.57 |
Mr. Somsak Somwattana | 79,228,214 | 5.74 | 363,444,333 | 26.33 |
As a result, NVD is ceased from S’s subsidiary status. In this regard, to comply
April
As such, we would like to inform you the change of the major shareholder structure, as of our monitoring, as following;
Shareholder Group | Before the acquisition (31/03/2021) | After the acquisition | ||
---|---|---|---|---|
Number of Share | % | Number of Share | % | |
1. Mrs. Wattana Somwattana | 559,695,776 | 40.540 | 526,635,776 | 38.145 |
2. Mr. Sornsak Somwattana | 363,444,333 | 26.325 | 363,444,333 | 26.325 |
3. Mr. Chatchai Piyasombatkul | 105,000,000 | 7.605 | 138,060,000 | 10.000 |
4. Thai NVDR Company Limited | 48,667,800 | 3.525 | 48,667,800 | 3.525 |
5. Mr. Anuchat Angsumethangkoon | 34,467,547 | 2.497 | 34,467,547 | 2.497 |
Total of Shares | 1,111,275,456 | 80.492 | 1,111,275,456 | 80.492 |
June
Shareholder | Before Transaction | After Transaction | ||
---|---|---|---|---|
Number of Share | % | Number of Share | % | |
Mrs. Wattana Somwattana | 547,751,776 | 39.675 | 340,661,776 | 24.675** |
Mr. Chatchai Piyasombatkul | 138,060,000 | 10.000 | 345,150,000 | 25.000 |
Note:** Concert Parties of Mrs. Wattana Somwattana include Mr. Sornsak Somwattana holding 363,444,333 shares, Mrs. Juthamas Somwattana holding 3,111,810 shares, INSIGHT MIND INC. holding 536,205 shares. Post the transaction, the shares of all parties in the Concert Party would be total 707,754,124 share, equivalent to 51.264% of the total issued and paid-up capital of the Company.
In this regard, to comply with the requirements of the Notification of the Capital Market Supervisory Board No. TorJor. 12/2554 re: Criteria, Conditions and Procedures for the Acquisition of Securities for Business Takeovers dated 13 November 2011 (including any amendment thereto) (“Notification TorJor. 12/2554”), Mr. Chatchai Piyasombatkul is obliged to make a tender offer for all remaining 1,035,449,978 shares of the Company, equivalent to 75 % of the total issued and paid-up shares from all shareholders of the Company according to the Notification TorJor. 12/2554.
In the same month, the Company issued and offered additional debentures in an amount of THB 1,000 million, which can be divided into Name-Registered, Unsubordinated and Secured debentures of THB 1,000 million with 1 year and 9 months tenor. An objective of debenture issuance is to be used as working capital for operation, business expansion, investment and/or repayments of loans from financial institutions, as well as repayments of the Company’s loans.
June
August
November
Shareholder | Before Transaction | After Transaction | ||
---|---|---|---|---|
Number of Share | % | Number of Share | % | |
Singha Estate Plc. | 711,855,320 | 51.56 | - | - |
Somwattana Group* | 286,379,307* | 2074* | 998,234,627 | 72.30 |
* Somwattana Group includes Mrs. Wattana Somwattana 132,441,314 shares (9.59%), Mr. Sornsak Somwattana 79,228,214 shares (5.74%), Mr. Anuchat Angsumethangkoon 34,467,547 shares (2.50%), Mr. Thanit Koosuwan 18,800,729 shares (1.36%), Ms. Jidapa Tratulakarn 9,244,900 shares (0.67%), Mr. Vichien Jearkjirm 8,050,000 shares (0.58%), Mrs. Juthamas Somwattana 3,111,810 shares (0.23%), and Ms. Gulissara Angsumethangkoon 1,034,793 shares (0.07%).
March
Another joint venture project with the Company’s partner is Nirvana BEYOND Udon Thani, the Company’s first provincial turnkey solution project launched this year. The turnkey solution is a collaboration between landowners and NVD in combining strengths of the Company’s products with landowners nationwide in order to develop projects which will help promote Nirvana brand to be widely known and well regarded. In addition, the Company can generate income from the home building business to be more consistent in the future. Moreover, NVD does not have to purchase land by itself, but being able to provide a full range of real estate development service. Nirvana BEYOND Udon Thani started launching in late March by opening 2 styles of model houses, namely Space and Mind, which are well received by customers. A full launch of all 3 styles of model houses shall be in the second quarter.
June
And in the same month, the Company issued and offered additional debentures in an amount of THB 283 million with 1-year tenor, which can be divided into Name-Registered, Unsubordinated and Unsecured debentures. An objective of debenture issuance is to be used as working capital for operation, business expansion, investment and/or repayments of loans from financial institutions, as well as repayments of the Company’s loans.
August
February
March
May
In the same month, The Company increased its registered capital from THB 1,380,599,978 to THB 1,681,719,973 in order to support a conversion of ESOP and NVD-W1.
June
And in the same month, the Company sold its entire investments in Landy Development Co., Ltd. of 595,600 shares, representing 14.89 percent of the registered capital of Landy. Such investments held by the Company since 2006, prior to the merger with Nirvana Development Co., Ltd. The Company sold the investments to Master & More Co., Ltd. at a price of THB 41.9745 per share or totaling THB 25,000,000. A selling’s objective was to sell investments that the Company has no power in management in accordance with the Company’s investment management plan. While the Company planned to use the proceeds from the sales of the aforementioned investments as working capital of the Company. The shareholding proportion of the Company before the sales of investments was 14.89 percent and after the sales of investments was 0 percent.
July
August
October
Under the joint investments in a format of Turnkey Solution, the Company will entirely operate a project development, including design, sales, marketing, construction, ownership transfer, and after-sales services. In this regard, Nirvana’s brand will be used by the projects in which the land owners will not have to struggle with problems and chaos, being considered as the land development to the highest potential and value-added creation of the land. The land owners will be able to recognize revenue from the land ownership transfer of customers prior to the building (made-to-order homebuilding contract).
January
April
June
July
September
May
July
October
December
October
December
August
October
In October, the Company acquired the shares of Atech Enterprise Co., Ltd., f rom Mr. Toonthavee Mongkolsangsuree of 40,000 shares at a price per share of THB 0.01, due to the book value of Atech Enterprise Co., Ltd. was lower than THB 0. According to the restructuring of the Group, the Company had a shareholding of Atech Enterprise Co., Ltd. of 100 percent of the paid-up capital.
In October, the Company increased its registered capital from THB 100 million to THB 130 million and issued newly issued shares of 30 million shares for initial public offering.
February
In February, the Company increased its paid-up capital from THB 80 million to THB 90 million by allocating to a group of investors of 10 million shares at a par value of THB 1 in which the Company spent proceeds from capital increase for the purchase of production machinery of FENZER, Sandy model, and the purchase of land in order to prepare for an expansion of factory and distribution center.
December
Established its subsidiary, Atech Enterprise Co., Ltd., with a registered capital of THB 1 million as a selling agent of aluminum doors and windows from Japanese manufacturer in which the Company has a shareholding of 80 percent
The Company was registered as a public company limited with the paid-up capital of THB 80 million and the Company’s name was changed to Dai-ichi Corporation PLC.