Issuer | |
Issuer/ Manager | THAI BEVERAGE PUBLIC CO LTD |
Announcement Title | Change - Change in Corporate Information |
Date & Time of Broadcast | Apr 7, 2023 20:01 |
Status | New |
Announcement Sub Title | Incorporation of Direct Wholly-Owned Subsidiary - FSR Management Co., Ltd. |
Announcement Reference | SG230407OTHRUOYN |
Submitted By (Co./ Ind. Name) | Nantika Ninvoraskul |
Designation | Company Secretary |
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, FSR Management Co., Ltd. ("FSR Management"), in Thailand. THBEV holds 99.9999% in FSR Management while one shareholder holds one share. FSR Management has a registered capital of Baht 10,000,000 consisting of 1,000,000 ordinary shares with a par value of Baht 10. FSR Management will be principally engaged in distribution of spirits, beer, and non-alcoholic beverage to restaurants. 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 of 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. Yours faithfully, Nantika Ninvoraskul Company Secretary |
Place Of Incorporation | |
Existing | Thailand |
New | |
Subsidiary | |
Existing | NA |
New | FSR Management Co., Ltd. |
Registered Address |